Class action security lawsuits are on the rise, with a large spike in federal litigation alleging disclosure violations in merger and acquisition transactions, according to a study by the Stanford Law School Securities Class Action Clearinghouse and Cornerstone Research.
The study revealed the number of lawsuits related to M&A transactions increased 471 percent.
The study also found that of all class action security suits in 2010, 15.4 percent of Standard & Poor’s 500 healthcare companies were named defendants in a class action.
Read the recent study on class action security lawsuits.
Read more about healthcare M&A activity:
– 8 Recent Hospital Transactions
– 3 Questions to Ask Before Merging or Selling Your Hospital
