SIFMA held its annual Compliance & Legal Society Seminar in Phoenix on 17-20 March 2013 to address the latest regulatory developments and industry trends. On 19 March, NERA Senior Vice President Dr. Vinita Juneja participated in a panel discussion entitled "Litigation Update: Securities Class Action Trends." Dr. Juneja provided a statistical overview of recent filings and the nature of the cases, as well as an analysis of recent settlements. She also discussed current approaches to damages estimation in securities litigation.