Report: Securities Class Action Filings Reached Record Numbers In 2017

Mealey's (January 29, 2018, 1:23 PM EST) -- NEW YORK — Federal securities class action lawsuit filings reached record numbers in 2017, thanks in large part to the nearly 200 filed federal merger-objection suits, equating to a 44 percent increase over 2016 and a third straight year of securities class action filing growth, according to a report released on Jan. 29 by securities, finance and commerce economic consultant NERA Economic Consulting....

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