The heightened pace of securities lawsuit filings in 2008 (as previously noted here) continued in April, when there were 22 new securities class action filings. The subprime litigation wave was a significant factor in the filing activity level, as ten of the 22 cases were subprime or credit crisis related. Of the 10 subprime
opt-out settlements
Tracking the Opt-Out Settlements
By Kevin LaCroix on
Posted in Opt-Outs, Securities Litigation
In prior posts (most recently here), I have written about the increasing importance of opt-out settlements in the context of securities class action litigation. Along the way, numerous readers have inquired whether I am aware of a publicly available resource that is tracking the securities lawsuit opt-out settlements. I am not aware of any…