Bloomberg Law
July 26, 2018, 11:02 AM UTC

Merger Spats Keep 2018 Securities Class Suit Numbers High

Jennifer Bennett
Legal Reporter

An uptick in merger-related class-action suits shifting from state to federal courts continued in the first half of 2018, even as the total number of securities class-action filings dipped nearly 10 percent compared with the same period last year.

Ninety-three M&A securities class actions were filed in the first half of 2018, compared with 96 in the first half of 2017, which is more than three times as many as in the first half of 2016, according to a July 25 report from Cornerstone Research and the Stanford Law School Securities Class Action Overall Clearinghouse.

Overall, the plaintiffs’ bar filed ...

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