TITLE

Securities Suits Drop on Fewer Credit-Crisis Cases

PUB. DATE
January 2010
SOURCE
American Banker;1/6/2010, Vol. 175 Issue 3, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses class action suites related to securities fraud in the U.S. A study on class actions associated with securities fraud, conducted by Stanford Law School's Securities Class Action Clearinghouse and Cornerstone Research, found that such suites dropped by 24% in 2009. Also, the volume of stock-fraud claims fell to 169 in 2009 compared to 223 in 2008.
ACCESSION #
47409869

 

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