X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A significant factor contributing to the increase in SCA actions is the growth in federal merger-objection lawsuits, which challenge M&A deals on grounds that the company’s board of directors breached their fiduciary duties by failing to maximize shareholder value or failed to make adequate disclosures. (Photo: Fotolia)

Securities class action (SCA) lawsuits are being filed at a heated pace that hasn’t been seen in more than two decades.

According to Cornerstone Research, there were a record 325 SCAs filed in the first three quarters of 2017.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

The British Legal Awards 2021Event

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.