2018 Year-End Securities Litigation Update

2018 witnessed even more securities litigation filings than 2017, in which we saw a dramatic uptick in securities litigation as compared to previous years. This year-end update highlights what you most need to know in securities litigation developments and trends for the latter half of 2018, including:

• The Supreme Court heard oral argument in Lorenzo v. Securities and Exchange Commission, and is set to answer the question of whether a securities fraud claim premised on a false statement that was not "made" by the defendant can be pursued as a "fraudulent scheme" claim even though it would not be actionable as a Rule 10b-5(b) claim under Janus Capital Group, Inc. v. First Derivative Traders, 564 U.S. 135 (2011).