The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
July 15, 2024 at 04:08 PM
3 minute read
A new report has found corporate exposure to securities fraud litigation has risen over 14% from the second half of 2023 to the first half of 2024, with investor plaintiffs claiming nearly $285 million in market capitalization losses so far this year.
The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts but to drops in stock prices growing larger.
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