Securities Litigation Drops in Q2 2009

Securities lawsuit filings fell off from in the second quarter from frantic first quarter levels, with 140 suits down substantially from 221 in the first quarter, but the average settlements and awards spiked. Filings were down across all securities case types, as securities class action, securities fraud and breach of fiduciary duties represented the lion's share of cases. Cases filed against non-US companies continue a higher proportionate trend relative to historical levels. Suits filed against financial firms dominated, although new Madoff-related suits appear in decline.

To purchase data sets from Advisen's MSCAd large loss database, click here

---

Advisen: Quarterly Securities Litigation Review Webinar

On Monday, August 3 at 11am EDT, join a panel including Advisen's John Molka & Dave Bradford, who will combine with Kevin LaCroix, author of the D&O Diary, to review cases filed and settled during the second quarter of 2009. This webinar will review securities litigation trends and touch on more significant events including the Royal Dutch Shell case settled in Dutch court for $381M as well as HealthSouth's $2.9B settlement.

Reserve your free Webinar seat now at:

https://www1.gotomeeting.com/register/118130624

---

Advisen: Quarterly Securities Litigation Review Webinar: Quarter 3 (2009)

On Friday, October 16th at 11am EDT, join a panel including Advisen's John Molka & Dave Bradford, who will combine with Kevin LaCroix, author of the D&O Diary, to review cases filed and settled during the third quarter of 2009.

The remaining other panelists: TBA

This webinar will review securities litigation trends and touch on significant events.

Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/843719489