Archive for March 15th, 2009

A perfect storm of work, family, and other professional obligations have left me with less time than I would like to dedicate to this blog, so I’ve had to give up the Class Action Blogosphere Weekly Review columns for the short term.  Hopefully CABWR will be back this summer.  In the meantime, I’ll try to provide links to any class-action blog posts of particular note.

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Forbes.com published an insightful article on March 11, 2009 discussing trends in securities class action lawsuits.  Citing statistics from the Stanford Securities Class Action Clearinghouse, the article discusses various factors that may explain why the total amount of securities class action settlements has fallen from $16.3 billion in 2006 to $3.1 billion last year.  Among the possible reasons: a dwindling pool of deep pockets and the difficulties in proving impact from alleged fraud when the entire market is collapsing. 

The article discusses various other trends in securities class actions, including which industries are being targeted and which plaintiffs’ firms are handling the most cases.

Here’s a link to the article:


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