Securities Filings Continue Slump, but Recoveries Set New Record
July 28th, 2010
Filing of federal securities class actions continued to wane during the first half of 2010, according to separate reports released this week. Both NERA Economic Consulting and the Stanford Law School Securities Class Action Clearinghouse reported that filings during the first half of 2010 were down compared to one year ago. The numbers have been on the decline since 2008.
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Securities Filings Continue Slump, but Recoveries Set New Record