Securities
Jan. 26, 2012
M&A lawsuits remained popular in 2011
For the second straight year, the number of securities class actions filed in federal court challenging corporate mergers and acquisitions has continued to rise despite a drop in securities cases generally.
Daily Journal Staff Writer
For the second straight year, the number of securities class actions filed in federal court challenging corporate mergers and acquisitions has continued to rise despite a drop in securities cases generally.
In 2011, plaintiffs' lawyers filed 43 federal lawsuits challenging such deals - which accounted for 23 percent of all securities class actions - according to the latest study by Cornerstone Re...
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