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Partner at Grellas Shah LLP

NERA recently released its full-year review of 2023 trends in securities class action litigation. Among its findings, new filings related to the environment quadrupled in 2023. There have been 20 environment-related class actions filed in the last 5 years, of which 8 were filed in 2023. Last year's environment-related securities class action filings include the class action against Hawaiian Electric related to the Maui wildfires, two involving the train derailments with environmental consequences against Norfolk Southern Corporation, and three class actions against big telecom companies for their ownership of thousands of miles of lead-covered cables.

Recent Trends in Securities Class Action Litigation: 2023 Full-Year Review

Recent Trends in Securities Class Action Litigation: 2023 Full-Year Review

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