What is a securities class action lawsuit?

In a securities class action lawsuit, the plaintiffs’ objective is to obtain monetary and other benefits directly for the members of the class. While FINRA regulatory actions sometimes result in monetary restitution to harmed investors, these actions serve other important purposes to protect investors and the markets.

Where can I find information about securities class action lawsuits?

Information about securities class action lawsuits is available online. To find out whether you may be included in a class action relating to your securities investment, you can visit the website of the Securities Class Action Clearinghouse, which covers all securities class actions filed in federal court after 1995.

What is a class action lawsuit?

A lawsuit is filed in federal or state court on behalf of a group, or class, of investors who bought or sold a company's securities within a specific timeframe, known as the class period. Often more than one similar case will be filed arising out of the same events.