Pointing out problems should lead to identifying solutions. This edition of the ILR Research Review does both.
The research papers covered in this Review offer a thorough examination of troubling trends in securities class actions and municipality litigation, as well as separate analyses of notable contributing factors.
Specifically, these four white papers look at:
- Tactics that the plaintiffs’ bar is using to work around the safeguards of the 1995 Private Securities Litigation Reform Act, and the resulting record numbers of lawsuit filings
- Structural incentives driving many securities class action lawsuits
- New onslaught of municipality litigation against corporate defendants over societal issues
- Dubious legal theory that underpins the bulk of municipality lawsuits
For each of these problems, ILR’s research details the underlying legal issues and lays out a legislative and policy roadmap for lawmakers and regulators to take action.