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Class Action › Multidistrict Litigation › Securities Fraud

A class action is a type of legal action where a representative individual or group of individuals can bring a claim on behalf of a larger group or class who share a common legal interest.
Cornerstone Research

Securities Class Action Filings 2023 Year in Review: Key Trends in Federal and State Filings

Cornerstone Research on

In 2023, MDL was the second highest on record while DDL decreased by 46%. The combined number of federal Section 11 and state 1933 Act filings fell to the lowest level in the last 10 years. The share of core federal filings...more

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