For the best experience we recommend upgrading to the latest version of these supported browsers:
I wish to continue viewing on my unsupported browser
For the best experience we recommend upgrading to the latest version of these supported browsers:
I wish to continue viewing on my unsupported browser
11 February 2016
Bradley A. Heys and Mark L. Berenblut
In the latest edition of NERA’s annual study, Trends in Canadian Securities Class Actions: 2015 Update, we examine trends in securities class action filings and resolutions in the 2015 calendar year. The study's co-authors, Vice President Bradley A. Heys and Affiliated Consultant Mark L. Berenblut, report that resolutions of Canadian securities class actions in 2015 far outpaced new filings, with seven Canadian securities class actions being settled or tentatively settled, and a record-high six cases dismissed. Only four cases were filed during 2015, compared to the 13 cases filed in 2014, and 11 in 2013.
Additional 2015 report highlights include:
NERA’s proprietary database now includes a total of 129 Canadian securities class actions filed over the 19-year period of 1997 through 2015. This year’s report builds on our work in analyzing trends in securities class actions for more than 20 years, and underscores NERA’s commitment to offering advice in the economics of securities, finance, and commerce. In addition to this Canada Trends report, the firm produces annual US and UK Trends studies.