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More Complications for Securities Class Actions

Although securities class actions are not growing in number, according to a recent poll, there are changes ahead.  As the world continues to get flatter, we can expect that foreign companies could get scooped up as targets for securities class actions.  Another expected change flows from a recent U.S. Supreme Court decision, which points the way to more complicated and cantankerous evidentiary disputes, which may be to the benefit of defendants.  Read more in this recent interview with Firm partner Stephanie Scharf.