Over the past three years, federal securities class action filings have surged, driven by the credit crisis. Cases went from a low of only 130 in 2006 up to a peak of 253 in 2008, when approximately 40% of all cases filed had some credit crisis-related allegation. In total, over the period from January 2007–November 2009, there have been 206 credit crisis cases filed.

The volume of US securities class action litigation targeting companies outside the US has recently reached record levels, despite a 2010 decision by the US Supreme Court, in Morrison v. National Australia Bank, which substantially restricted the extraterritorial reach of many such cases.

A sharp drop in the number of litigations and damages amounts awarded over misstatements has occurred, while broker-customer litigation has reached a record high.

NERA has developed a proprietary database of settlements and judgments in Securities and Exchange Commission (SEC) enforcement actions since the passage of the Sarbanes-Oxley Act.

Section 32 of the Resource Management Act 1991 ("the RMA") requires an evaluation of benefits and costs before certain actions are taken by resource management decision-makers.

In our annual review of asbestos-related liabilities reported in companies’ SEC filings, we find that from 2010 to 2011, average payments per resolved claim increased 75%.

This report has been prepared by NERA Economic Consulting (NERA) at the request of ACTEW Water (ACTEW).

In this NERA paper, Vice Presidents James Heidell and Sandra Ringelstetter Ennis examine the US Federal Energy Regulatory Commission’s (FERC) Order 1000, which addresses a wide range of policy issues, including provisions that may prove beneficial to advance transmission projects for renewable energy and other merchant power projects.

From 1998 through 2005, there were well over 200 federal class action filings each year—on average, there were 284 filings per year during this period. But in 2006, filings dropped sharply, with only 136 cases filed during the year. This pattern has continued: through June 30, 2007, only 76 cases have been filed. Annualizing the six months’ worth of data, we project 152 filings for full-year 2007.

The Workplace Relations Act 2015 (the "Act") was signed into law on 20 May 2015 and is due to commence on 1 October 2015.

Notwithstanding the ongoing spread of COVID-19 and unprecedented changes in daily life and the economy, the second half of 2020 marched on to the steady drumbeat of securities-related lawsuits we have

The Supreme Court’s decision in "Ricci v. De Stefano" has already garnered a great deal of attention from lawyers, political pundits, and Supreme Court watchers.

On 2 April 2009, the US Supreme Court ruled in "Entergy Corporation et al. v. Riverkeeper, Inc." that the US Environmental Protection Agency (EPA) may use cost-benefit analysis in setting standards and issuing permits under Section 316(b) of the Clean Water Act, overturning a 2007 decision by the Court of Appeals for the Second Circuit.

We conduct an empirical inquiry into the effect of the Supreme Court's 2010 Morrison decision, which limited the reach of US securities laws to trades occurring on US markets, on the competitiveness of US markets as a venue for listings by foreign issuers and trading in cross-listed stocks.

After an 18-month period of consultation and review, Ofgem intends to publish its initial decision on the award of a cap and floor (C&F) for long-duration electricity storage (LDES) in Spring 2026.

In last year’s study, we noted that securities class actions were on the rise in Canada and suggested that this new wave of filings is a reflection of the fact that class counsel seem prepared to test the new provisions of the provincial Securities Acts relating to secondary market liability.

Securities class action filings in Canada reached their highest level to date in 2011, with 15 new filings, according to this newly released edition of NERA's study.

The year 2014 brought further development and maturity to Canadian securities class action regimes but the case law continues to reveal discordant themes.

This article provides a detailed analysis of trends in FSA enforcement actions over that period, based on our classification of the types of underlying alleged misconduct.

The concept of damages due to misstatement has long been unfamiliar to Japanese investors.