Litigation
Jan. 8, 2009
Study: Securities Class Actions Surge
Securities fraud class-action filings surged to the highest level in years at the beginning of 2008, but sagged as the year closed, according to a report released Tuesday.
Daily Journal Staff Writer Securities fraud class-action filings surged to the highest level in years at the beginning of 2008, but sagged as the year closed, according to a report released Tuesday. The joint study conducted by Cornerstone Research and Stanford University Law School Class Action Clearinghouse found a total of 219 securities class actions filed through Dec. 15, 2008. The sum represented a 19 percent increas...
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