Post-Reform Act Class Action Filings Of Securities Lawsuits By Industry, 1997-2021 (1)

 

Industry Average 1997-2021 2020 2021
Core filings (2) 194 234 200
     Consumer 72 92 92
     Technology 23 28 29
     Financial 30 29 18
     Other (3) 10 32 16
     Communications 27 18 21
     Industrial 17 13 10
     Basic materials 5 10 4
     Energy 7 9 10
     Utilities 3 3 0
     Merger and acquisition filings 34 99 18
Total 228 333 218
(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, Securities Class Actions Filings-2021 Year in Review. ©2022 by Cornerstone Research, Inc.