Bob Giuffra Quoted in Bloomberg Article on Increase in Securities Class Action Filings

July 25, 2017

On July 25, Bob Giuffra was quoted in a Bloomberg Big Law Business article titled “Securities Class Actions Hit Record High in First Half of 2017,” which explained the potential reasons behind the number of class securities fraud suits filed so far in 2017, the highest for the first half of any year since the 1995 Private Securities Litigation Reform Act. Bob said that the volatility of the market and the growing number of plaintiffs lawyers could contribute to the increase in filings. He also spoke about the increase in filings within the Third Circuit. “Delaware, where many companies are incorporated, is in the Third Circuit,” Bob said. “That's where plaintiffs can get jurisdiction.”