While the securities class action (SCA) landscape is entering a period of stability, the third instalment of our 5-part series “What’s hot in insurance Law” delves into recent developments impacting the future in this space.

The securities class action (SCA) landscape is entering a period of stability, and based on the jurisprudence, it is also currently pro-defendant. 

With a new calendar year well underway, and two decisions in long-running cases handed down late last year, now is an opportune time to consider emerging trends expected to impact the space in the future.  

Stable Filings

Filings remain stable at a level that is significantly lower than that seen in 2017 and 2018.    

Even the “raw” number of filings does not provide the full picture, with many of the filings seen in the 2023 calendar year involving competing class actions. 

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