Features
Oct. 1, 2006
Securities Litigation
A roundtable with Fenwick & West; Heller Ehrman; Lerach Coughlin Stoia Geller Rudman & Robbins; Morrison & Foerster; and Orrick, Herrington & Sutcliffe.
Securities class action filings in the first six months of 2006 have dropped 45 percent compared to the same period last year, according to Cornerstone Research. And the reasons for the lower level of activity may be the same factors Cornerstone listed in its 2005 Year in Review--most of the lawsuits related to fraud during the dot-com boom and bust are over, corporate governance has improved, and the U.S. stock market is less volatile.
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