WASHINGTON — U.S. companies are grappling with how best to provide guidance on their earnings outlook as the novel coronavirus takes uncertainty to new heights and exposes them to potential shareholder lawsuits if forecasts prove misplaced. Measures to contain the …
After an increase in new filings of accounting class actions in 2011, filings fell sharply in 2012. Yet accounting case settlements continued to represent a high percentage of total settlement dollars for all cases settled in 2012, according to a …
Federal securities fraud class action filing activity decreased sharply in 2012, according to Securities Class Action Filings—2012 Year in Review, a semiannual report prepared by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse. Only 152 federal securities …
Federal securities class action activity decreased in the first six months of 2012 compared with 2011, according to Securities Class Action Filings—2012 Mid-Year Assessment, a semiannual report prepared by the Stanford Law School Securities Class Action Clearinghouse in cooperation with …
Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround. The number and size of securities fraud settlements that won final U.S. court approval fell …