Post-Reform Act Class-Action Filings Of Securities Lawsuits By Industry, 1997-2015 (1)
Industry |
Average 1997-2014 |
2014 |
2015 |
Consumer |
67 |
81 |
77 |
Communications |
29 |
17 |
26 |
Technology |
24 |
14 |
24 |
Industrial |
17 |
10 |
19 |
Financial |
35 |
26 |
17 |
Energy |
8 |
15 |
11 |
Basic materials |
4 |
4 |
9 |
Utilities |
3 |
1 |
4 |
Other |
1 |
2 |
2 |
Total |
188 |
170 |
189 |
|
(1) Private Securities Litigation Reform Act of 1995.
Source: Cornerstone Research.
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.
Post-Reform Act Class Action Filings Of Securities Lawsuits By Industry, 1997-2017 (1)
Industry |
Average 1997-2016 |
2016 |
2017 |
Consumer |
66 |
101 |
107 |
Industrial |
16 |
16 |
26 |
Financial |
33 |
22 |
20 |
Communications |
27 |
9 |
18 |
Technology |
23 |
15 |
14 |
Basic materials |
4 |
8 |
11 |
Energy |
7 |
8 |
9 |
Other |
1 |
6 |
7 |
Utilities |
3 |
1 |
2 |
Total |
180 |
186 |
214 |
|
(1) Private Securities Litigation Reform Act of 1995. Data represent federal "core filings" and exclude mergers and acquisition (M&A) filings.
Data represent federal "core filings" and exclude mergers and acquisition (M&A) filings.
Source: Cornerstone Research.
Post-Reform Act Class-Action Filings Of Securities Lawsuits By Industry, 1997-2018 (1)
Industry |
Average 1997-2017 |
2017 |
2018 |
Consumer |
69 |
107 |
97 |
Industrial |
17 |
26 |
20 |
Financial |
32 |
20 |
19 |
Communications |
27 |
18 |
28 |
Technology |
23 |
14 |
22 |
Basic materials |
5 |
11 |
8 |
Energy |
7 |
9 |
7 |
Other |
1 |
7 |
17 |
Utilities |
3 |
2 |
3 |
Total |
182 |
214 |
221 |
|
(1) Private Securities Litigation Reform Act of 1995. Data represent federal "core filings" and exclude mergers and acquisition (M&A) filings.
Source: Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse, Securities Class Actions Filings-2018 Year in Review. © 2019 by Cornerstone Research, Inc.
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.
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.
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.
Post-Reform Act Class Action Filings Of Securities Lawsuits By Industry, 1997-2022 (1)
Industry |
Average
1997-2022 |
2021 |
2022 |
Core filings (2) |
194 |
200 |
201 |
Consumer |
73 |
93 |
93 |
Technology |
23 |
29 |
24 |
Financial |
30 |
18 |
11 |
Other (3) |
9 |
15 |
30 |
Communications |
27 |
21 |
19 |
Industrial |
17 |
10 |
9 |
Basic materials |
5 |
4 |
5 |
Energy |
7 |
10 |
7 |
Utilities |
3 |
0 |
3 |
Merger and acquisition filings |
34 |
18 |
7 |
Total |
228 |
218 |
208 |
|
(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-2022 Year in Review. ©2023 by Cornerstone Research, Inc.