| Stockholder Lawsuits Down 40 Percent in Last Four Years |
| (18 Jul 2016)
The latest available data from the federal courts show that in the last 12 months ending in June 2016 the federal government reported 259 new stockholder civil lawsuits filed.
This represents a drop of more than one third (35.4%) from the same period five years ago, and a decrease of 40.7 percent from a peak reached of 437 suits in the 12 month period ending May 2012.
In per-capita terms, the District of Delaware led the nation with 13.7 stockholder suits per million population, 17 times the national average of 0.8 per million. In absolute terms, the Southern District of New York (Manhattan) led all districts with 25 stockholder lawsuits filed in the last 12 months. For the full report, including a timeline and top 10 district rankings, go to: http://trac.syr.edu/tracreports/civil/428/Each month, TRAC offers a report focused on one area of civil litigation in the U.S. district courts. In addition, subscribers to the TRACFed data service can generate custom reports by district, office, nature of suit or federal jurisdiction. To start, go to: http://trac.syr.edu/interpreter?tab=civilTo keep up with TRAC, follow us on Twitter @tracreports or like us on Facebook: http://facebook.com/tracreportsTRAC is self-supporting and depends on foundation grants, individual contributions and subscription fees for the funding needed to obtain, analyze and publish the data we collect on the activities of the US Federal government. To help support TRAC's ongoing efforts, go to: http://trac.syr.edu/sponsor/ |
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Copyright 2016