outlook & analysis

class-action lawsuits return with a vengeance

filings and share of accounting cases, 2015-2014 (cornerstone research)
filings and share of accounting cases, 2005-2014 (cornerstone research)

weak internal controls at the heart of a surge in new cases of accounting fraud.

the number of accounting class-action lawsuits is returning to historical levels as the sec focuses on accounting fraud the markets react against restatements.