In this article published in the Summer 2015 edition of the American Bar Association’s Securities Litigation Journal, the authors describe a novel way to implement a statistical model that more readily incorporates investors’ forward-looking views, while maintaining a solid basis in economic theory. To read the article, click the link below.
Factors affecting variations in securities class action claims rates
Claims rates are of interest to parties to the settlement process. Average claims rates, which are well below 100%, suggest either that plaintiffs’ class-wide...