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Litigation

Apr. 21, 2016

Report: Securities class actions over accounting heated up in 2015

Securities class action litigation hit a variety of benchmarks, suggesting that markets are in the midst of a particularly litigious moment when it comes to suits over accounting practices and internal financial reporting controls.

By Joshua Sebold
Daily Journal Staff Writer

Shareholder litigation targeting questionable accounting practices was hot and heavy in 2015.

Securities class action litigation hit a variety of decade-old benchmarks, suggesting that markets are in the midst of a particularly litigious moment.

The amount of accounting-related securities cases that were settled hit the highest level since 2010, according to a repo...

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