Filings of federal securities class actions in the first half of 2016 increased 17 percent from the last half of 2015, due in large part to a jump in suits challenging mergers and acquisitions, according to a report issued Tuesday by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse.
Plaintiffs nationwide filed 119 new federal securities class actions in the first six months of this year, compared to 102 filings in the last half of 2015 and 87 filings in the first half of 2015.
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