Wednesday, February 6, 2008

Securities Class Action Filings Expected to Increase

A recently released study, Predicting Securities Litigation, found that securities class action filings rose 43% in 2007, and predicted another year of increased litigation in 2008.

The study found that small and mid-cap companies are increasingly subjected to such lawsuits, and found that a strong indicator of potential securities litigation is whether CEO compensation practices are poorly-aligned with shareholder interests.

2008 is already off to a strong start for securities filings, with a reported minimum of 24 securities class actions filed in January.

Related Post: Retail Clothing Company Sued for Decision to Delist

 

The Law Firm of Kotchen & Low LLP - Civil Litigation, Counseling, and Representation Before Government Agencies


This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.