Securities class actions down in first half of 2014

A study reveals there were 78 securities class actions filed between January and June 2014

After a strong second half of 2013, the volume of securities class action cases has dipped once again in 2014. And a steady, shrinking stock market could be to blame.

Cornerstone Research and Stanford Law School released their 2014 midyear assessment of securities class action filings on August 5, finding that plaintiffs have filed 78 new federal class-action securities cases in the first half of 2014. This figure is in line with the 75 cases filed in the first half of 2013, but it is down from the 91 cases filed in the second half of 2013 and the 95 case semiannual average between 1997 to 2013.

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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