Cornerstone Research

20 Large Companies Filed for Chapter 11 Bankruptcy in First Half of 2022
Bankruptcy

20 Large Companies Filed for Chapter 11 Bankruptcy in First Half of 2022

But August's pickup in smaller commercial Chapter 11 filings could harbinger a wave of reorganizations this fall.
By Vincent Ryan | September 7, 2022
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SEC Enforcement Activity Drops 15% in 2021
Risk & Compliance

SEC Enforcement Activity Drops 15% in 2021

The decline in actions against public companies and subsidiaries reflects the continuing impact of the pandemic and the change of leadership at the SEC.
By Matthew Heller | November 17, 2021
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Securities Fraud Class Actions Spike Again
Risk & Compliance

Securities Fraud Class Actions Spike Again

Cases filed since the beginning of 2017 represent more than 20% of all such cases filed since 1997.
By David McCann | August 1, 2019
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Rising Lawsuits Could Hike Insurance Premiums
Risk Management

Rising Lawsuits Could Hike Insurance Premiums

More than 8% of U.S. public companies were hit with a shareholder class-action suit in 2017, a nine-year high.
By David Katz | January 31, 2018
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SEC Keeps up High Rate of Enforcement Activity
Risk & Compliance

SEC Keeps up High Rate of Enforcement Activity

Excluding actions against delinquent filers, the SEC filed 299 cases in the first half of fiscal 2017 — virtually unchanged from the year-ago period.
By Matthew Heller | April 21, 2017
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Settlements Skyrocket in Securities Class Actions
Risk Management

Settlements Skyrocket in Securities Class Actions

The aggregate $6 billion in settlement dollars last year was almost double the 2015 total.
By David McCann | March 15, 2017
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Class-Action Filings Hit Record in U.S. Courts
Risk & Compliance

Class-Action Filings Hit Record in U.S. Courts

The 43% increase in securities cases to 270 last year largely reflects "forum shopping" in the wake of a Delaware court ruling.
By Matthew Heller | January 31, 2017
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Securities Class-Action Cases on the Rise
Risk Management

Securities Class-Action Cases on the Rise

Plaintiff filings in federal courts are up 17%, and as many as 6% of S&P 500 companies could be the target of such suits this year.
By Vincent Ryan | July 27, 2016
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SEC Going After Corp. Subsidiaries
Risk & Compliance

SEC Going After Corp. Subsidiaries

The Securities and Exchange Commission is particularly focused on the subsidiaries of financial services firms.
By David Katz | May 18, 2016
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Class-Action Settlements Reach Five-Year High
Risk & Compliance

Class-Action Settlements Reach Five-Year High

The large number of settlements in 2015 reflected the fact that 189 new securities class actions were filed, the most since 2008.
By Matthew Heller | March 29, 2016
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Class Action Filings, Market Cap Losses Stay Low
Risk & Compliance

Class Action Filings, Market Cap Losses Stay Low

2015 is on course to tie for the fifth-lowest number of class action filings in the past 19 years, a new report says.
By Matthew Heller | September 21, 2015
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Accounting-related Securities Class Actions Climb 47%
Risk & Compliance

Accounting-related Securities Class Actions Climb 47%

Class-action lawsuits involving restatements of financials also reached a seven-year high in 2014, according to Cornerstone Research.
By Matthew Heller | April 2, 2015
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