When Are Securities Class Actions Dismissed, When Do They Settle, and For How Much?—An Update

Details

Author(s):
Publish Date:
April 1, 2013
Publication Title:
26(4) PLUS Journal 1
Format:
Other
Citation(s):
  • Michael Klausner, Jason Hegland & Matthew Goforth, When Are Securities Class Actions Dismissed, When Do They Settle, and For How Much? -- An Update, 26(4) PLUS Journal 1 (April 2013).

Related Organization(s):

Abstract

As part of its educational mission, the PLUS Foundation supports research important to professional liability at top insurance universities across the country.

This article is a product of that funding. 

Two years ago, we published two articles in the PLUS Journal that reported data on the timing of dismissals and settlements in securities class actions and on the extent to which D&O insurance protects corporations and their officers and directors from liability in these cases.

This Article provides some basic statistics on the timing of dismissals and settlements in securities class actions.