The SSLA Dataset
Stanford Securities Litigation Analytics tracks and collects data on private, shareholder securities litigation and public enforcements brought by the Securities Exchange Commission and the Department of Justice. The SLA dataset includes all traditional class actions, SEC actions and DOJ criminal actions filed since 2000. These cases allege material misstatements or omissions of material information that adversely affect the valuation of a publicly-traded company’s securities. Full-time SLA analysts gather nearly 2,000 datapoints for each case through sophisticated machine and human searches of various sources, including press releases, court filings, company financial statements and SEC enforcement releases. Examples of the data collected include plaintiffs, defendants, judges, mediators, plaintiff and defense firms, key litigation events, real-time case statuses, settlement timing, settlement dollar amounts and contributions by defendants and / or their insurers, attorneys’ fees and expenses, and imposed SEC / DOJ penalties. SSLA is thus able to generate and manage a thorough and accurate database of securities litigation with the capability of detailed queries and in-depth analytics useful to practitioners in the D&O insurance industry, from underwriting and claims units to D&O brokers, as well as attorneys on both sides of the litigation table, and institutional investors.