A recent New York Times article highlighted large asset managers that are becoming more active on corporate governance issues. The increase in their level of activity raises questions related to the potential impacts of these large institutional holders becoming more active in securities litigation. We examine a few illustrative examples to draw inferences regarding the implications for settlement costs if large institutions decide to opt out of class action litigations more frequently.
Securities Litigation Flash: Q4 2024
Filing trends Section 10(b) and Section 11 filings totaled 209 in 2024, 1% more than in 2023 and 13% more than in 2022. There were 47 filings in Q4 2024, 15%...