Securities and Derivative Litigation: Quarterly Update

Key Takeaways In this edition of Dechert’s Securities & Derivative Litigation Quarterly Update, we: Examine trends in federal securities class-action filings, which saw a slight uptick in 2024, with an increase in AI-related cases and notable declines in SPAC and cryptocurrency-related filings; Discuss recent decisions applying the U.S. Supreme Court’s 2021 decision in Goldman Sachs Group, […]

Mar 18, 2025 - 14:31
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Securities and Derivative Litigation: Quarterly Update
Posted by Joni Jacobsen and Angela M. Liu, Dechert LLP, on Tuesday, March 18, 2025
Editor's Note:

Joni Jacobsen and Angela M. Liu are Partners at Dechert LLP. This post is based on a Dechert memorandum by Ms. Jacobsen, Ms. Liu, Julia Markham-Cameron, Christopher J. Merken, and Harnelle C. St Cloud.

Key Takeaways

In this edition of Dechert’s Securities & Derivative Litigation Quarterly Update, we:

  • Examine trends in federal securities class-action filings, which saw a slight uptick in 2024, with an increase in AI-related cases and notable declines in SPAC and cryptocurrency-related filings;
  • Discuss recent decisions applying the U.S. Supreme Court’s 2021 decision in Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System in which courts have denied class certification motions; and
  • Analyze the Supreme Court’s decisions to dismiss as improvidently granted two certiorari petitions in securities actions after oral argument in those cases.

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