Post-Reform Act Class-Action Filings Of Securities Lawsuits By Industry, 1997-2016 (1)
Industry Average 1997-2015 2015 2016
Consumer 68 77 133
Financial 34 17 34
Technology 24 23 26
Industrial 17 19 24
Communications 29 26 16
Energy 8 11 16
Basic materials 4 9 11
Utilities 3 4 3
Other 1 2 7
Total 188 188 270
(1) Private Securities Litigation Reform Act of 1995. Source: Cornerstone Research.