A new report has found corporate exposure to securities fraud litigation has risen over 14% from the second half of 2023 to the first half of 2024, with investor plaintiffs claiming nearly $285 million in market capitalization losses so far this year.
The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts but to drops in stock prices growing larger.
