Summary Notice of Pendency of Derivative and Class Actions, Proposed Settlements of Actions, and Settlement Hearings miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
In a major win for taxpayers, Judge Robert Lopez Cepero of the Cook County Circuit Court in Chicago, Illinois, USA, ruled today that online travel companies such as Expedia, Orbitz and Priceline are r | eTurboNews | Travel News |
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Securities Filings Remain Elevated Despite the Pandemic
Despite unprecedented disruptions to the court system from the COVID-19 pandemic, plaintiffs continued to bring securities class actions at elevated levels in 2020 a sign that filings will remain high in the year ahead. Based on data from Cornerstone Research through September 30, 2020, plaintiffs were on pace to file approximately 375 federal and state securities class actions through the end of the year. Although lower than the more than 400 actions filed in each of the previous three years, this figure substantially exceeds the 261 cases brought, on average, between 2010 and 2019.