IPO related securities class action suits are on the rise

FRT Admin
Site administrator
December 28, 2015

ipo securitiesWith 2015 coming to a close, a much-anticipated trend is occurring. The number of IPO-related securities class actions has increased from 17 filings in 2014 to 27 filings in 2015. Securities suits related to IPOs in 2015 represent more than 15% of the total filings. Due to the three year statute of limitations under the ’33 Act for actions against IPO companies, we won’t know how many suits will arise from the 275 IPOs in 2014 until 2017.   Surprisingly, with 2015 securities suits on the rise, there have been 100 less IPOs so far compared to 2014.

Most of the filings in 2015 have been filed in state courts with multiple removed from the federal court. Due to the lag time of filings, we expect to see a continuous rise for the next year in IPO-related securities class actions.

Read more about IPO-related securities class actions here.

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Founded in 2008, Financial Recovery Technologies (FRT) is the leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and do not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.

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SETTLED  I  NON-US GLOBAL OPT-IN  I  ANTITRUST  I  GLOBAL PASSIVE  I  DIRECT OPT-OUT  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is a leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

 

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.