• SAR

SAR Securities Exchange Act Class Action Litigation Exposure Report – Q1 2019

44 U.S. corporations were sued for alleged violations of the federal securities laws under Section 10(b) and 20(a) of the Securities Exchange Act of 1934 during the first quarter of 2019.i The corporations’ securities class action litigation exposure to claims alleging violations of Rule 10b-5 was $68.1 billion.ii A public corporation’s exposure to alleged violations of Rule 10b-5 is estimated by tracking the cumulative decline in market capitalization during open market trading sessions that correspond with the timing Continue Reading