To embed, copy and paste the code into your website or blog: For the first time in several years, securities fraud cases declined in 2020, largely due to the pandemic. 1 However, we don’t expect this decrease to continue. Just three months into 2021, there are a number of issues trending in this practice area, including: Securities litigation against non-U.S.-based issuers; Securities and derivative litigation arising from SPACs and de-SPAC transactions; Securities and derivative litigation arising from COVID-19; and Derivative litigation raising issues relating to diversity. Increase in Securities Fraud Class Actions Against Non-U.S. Issuers As reported in Dechert’s Annual Survey, securities class actions filed against non-U.S. issuers actually increased in 2020—going from 64 filed in 2019 to 88 filed in 2020, an increase of 37.5%,