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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

Filing And Settlement Trends Data from a recently released NERA Economic Consulting (“NERA”) study shows federal securities litigation filing trends that began in earnest in 2020 continued through 2022. Potential Circuit Split After Lee Fisher On December 12, 2022, the Ninth Circuit heard oral argument en banc in Lee v. Fisher , No.

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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

The Fifth Circuit, en banc, reversed, holding that Respondent could bring her removal claim in federal court without waiting for a final determination by the SEC. The Fifth Circuit’s en banc decision created a split from the Second, Fourth, Eleventh, and D.C. On July 1, 2022, the SEC petitioned the Fifth Circuit for rehearing en banc.