Post-Reform Act Class Action Filings Of Securities Lawsuits By Industry, 1998-2020 (1)

 

Industry Average 1997-2019 2019 2020
Core filings (2) 190 267 234
     Consumer 71 106 93
     Technology 23 29 29
     Financial 30 22 29
     Other (3) 7 30 29
     Communications 27 37 19
     Industrial 17 20 13
     Basic materials 5 8 10
     Energy 7 10 9
     Utilities 3 5 3
     Merger and acquisition filings 34 160 100
Total 224 427 334
(1) Private Securities Litigation Reform Act of 1995. Includes federal and state filings (2) Core filings exclude merger and acquistion filings. Core filings by category do not include state filings. (3) Includes state filings and miscellaneous filings. Source: Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse, Securities Class Actions Filings-2020 Year in Review. ©2021 by Cornerstone Research, Inc.