securities class actions News

Related Claim Exclusion Doesn’t Require ‘Fundamentally Identical’ Actions in Delaware

The Delaware Supreme Court has ruled that solar panel manufacturer First Solar, which faced two securities class actions, is not entitled to have its insurance policies cover both because the later-issued of its policies excluded coverage for related actions. The …

Securities Fraud Settlements Dropped in 2011: Study

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 …

Securities Class Action Steady in 2011; Surge Against Chinese Firms

The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared to the previous three years, according to a new report. But there has been a substantial shift in the composition …