Federal class action lawsuits against ICOs are set to double in the US

Image courtesy of Cornerstone Research

The rise in class action lawsuits around ICOs coincides with a larger, “historic” incidence of class action securities lawsuits since 2016, with more than 750 federal securities class actions having been filed since halfway through that year. That’s the most prolific 24-month period since the Private Securities Litigation Reform Act of 1995 was enacted, according the the report.

Read the full story at https://www.forbes.com/sites/michaeldelcastillo/2018/07/25/ico-class-action-lawsuits-are-set-to-double-represent-just-a-tiny-fraction-of-historic-rates/#60aeaa5a92c6

SOURCE: Forbes