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Securities Class Action Settlement Frequency Falls; Attorneys Say It's Just a Lull

A 14-year low in the number of securities-class-action settlements last year has not dampened plaintiff attorneys enthusiasm regarding the probability of future directors and officers litigation to keep them employed.

By Mark E. Ruquet | Updated on March 26, 2013

A 14-year low in the number of securities-class-action settlements last year has not dampened plaintiff attorneys’ enthusiasm regarding the probability of future directors and officers litigation to keep them employed.

“Everyone feels there is a lull, but Wall Street never fails to surprise me,” says Lawrence Sucharow, attorney for the law firm Labaton Sucharow LLP. “Unless greed is gone, I know where my next meal is coming from.”

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