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, […]

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.