In the News Today - July 1, 2019

July 02, 2019

New Zealand Law Commission to Review TPLF: The New Zealand Law Commission announced it will review the practice of litigation funding after previously suspending the inquiry last year. The restart comes after a series of high-profile class action lawsuits in the country. (LawFuel)

Securities Lawsuit Filings Continue to Rise: A review by the D&O Diary found that securities lawsuit filings during the first six months of 2019 are “well above historical levels and roughly on pace with the elevated filing levels in 2018.” The 199 lawsuits filed so far this year are greater than “the total annual number of securities suits filed in all but one year between 2005 and 2014.” (D&O Diary)