The time between the filing of an initial complaint and the settlement or trial of a securities class action varies greatly depending on, among other things, the complexity of the case and the number of cases on a judge’s docket. The typical securities class action lasts 3 years or even longer. Because it may be some time before any potential settlement of trial judgement, you should ensure that you retain documentation of your sales and purchases of the securities so you can participate in any recovery.
How long does it take to resolve a securities class action?
November 18, 2022