Cornerstone Research: 2014 Securities Class Action FilingsVW Staff
Cornerstone Research: Securities Class Action Filings
Number And Size Of Filings
- Plaintiffs filed 170 new federal class action securities cases (filings) in 2014—four more than in 2013. The number of 2014 filings was 10 percent below the historical average of 189 filings observed annually between 1997 and 2013. (pages 4–5)
- The total Maximum Dollar Loss (MDL) of filings in 2014 was $215 billion, or 66 percent below the historical annual average of $630 billion. MDL was at its lowest level since 1997. (page 7)
- The total Disclosure Dollar . . .
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