Securities
Mar. 16, 2012
Securities settlements becoming less common, study says
Securities class-action settlements in 2011 dropped to the lowest level in a decade - in both total number and dollar value - one of the steepest year-over-year declines ever, a new study found.
Daily Journal Staff Writer
Securities class-action settlements in 2011 dropped to the lowest level in a decade - in both total number and dollar value - one of the steepest year-over-year declines ever, a new study found.
There were 65 court-approved settlements totalling $1.4 billion - down from 86 settlements worth $3.2 billion in 2010, according to the study, released Wednesday by Cornerstone Research and the Stanford Law S...
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