Post-Reform Act Class Action Filings Of Securities Lawsuits By Industry, 1997-2019 (1)

 

Industry Average 1997-2018 2018 2019
Core filings (2) 186 238 268
Consumer 70 96 108
Industrial 17 20 20
Financial 30 19 22
Communications 27 28 37
Technology 23 22 29
Basic materials 5 8 8
Energy 9 7 10
Utilities 3 3 5
Other (3) 2 35 29
Merger and acquisition filings 29 182 160
Total 215 420 428
(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. Source: Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse, Securities Class Actions Filings-2019 Year in Review. © 2020 by Cornerstone Research, Inc.