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Nov 26, 2019, 23:26 ET


BETHESDA, Md., Nov. 26, 2019 /PRNewswire/ -- SAR, LLC (SAR), a securities class action (SCA) data analytics software company, has closed on its final seed round, raising a total of $1 million in seed capital from a group of angel investors. SAR is an independent and highly specialized provider of SCA data analytics services. SAR is the pioneer in event-driven SCA data analytics, combining proven event study methodology with cloud-based processing to identify, track, and uniformly quantify potential exposure from adverse events. SAR empowers public company D&O claims professionals with easy-to-use, cloud-based, robust econometric tools that track and quantify severity on filed claims that allege violations of Section 10(b) and 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Continue Reading


Law360 (October 24, 2019, 4:17 PM EDT) --


Nessim Mezrahi


The class period interval in securities class actions that allege violations of the federal securities laws under Section 10(b) and 20(a) of the Securities Exchange Act of 1934 is the second most fundamental determinant of the magnitude of potential aggregate — or classwide — damages.


Undoubtedly, the first is the number of shares of common stock sold by participants in the market in response to an alleged corrective disclosure that is alleged to be related to a specific misstatement or omission disseminated by directors and officers.


The length of the class period not only affects the magnitude of potential aggregate damages, but is also a key factor affecting the selection of the proposed lead plaintiff that may represent a purported class of defrauded shareholders.


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BETHESDA, Md., Oct. 10, 2019 /PRNewswire/ -- Aggregate exposure of U.S. public corporations to securities class action (SCA) lawsuits that allege violations of the federal securities laws under Section 10(b) and 20(a) of the Exchange Act amounted to $68.4 billion during 3Q of 2019. Cumulative SCA Exchange Act exposure for 2019 amounts to $270.1 billion. According to a report released today by SAR, the Rule 10b-5 litigation rate against U.S. corporations listed on U.S. exchanges has remained steady throughout 2019. Continue Reading