Numerous lawsuits were filed against Mr. Abelson, Barron's and its parent company, Dow Jones, most by executives and companies who felt their stock price had suffered by unfair revelations in Mr. Abelson's column.

WSJ: Alan Abelson, Longtime Barron's Columnist, Dies

Randall W. Forsyth, who took over in Abelson's absence, will continue to author the column, according to the Journal.

WSJ: Longtime Barron's writer Alan Abelson dies at 87

"Financial journalism lost one of its leading lights today with Alan Abelson's passing, " Ed Finn, Barron's editor and president, said in a statement.

WSJ: Longtime Barron's writer Alan Abelson dies at 87