Event-driven securities litigation led to another big year for class actions in 2018—a trend that will likely continue to develop in unique ways in 2019, according to a trio of top securities litigators at Skadden, Arps, Slate, Meagher & Flom.
Head of the group, Jay Kasner, and co-deputy heads, Scott Musoff and Susan Saltzstein, pointed to a number of key trends in the securities litigation space that made 2018 a year of note, while 2019 could see the maturation of some big issues for litigators in the space. Event-driven class actions is one case in point, as Kasner noted.
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