Archive for July 21st, 2009

As reported in this recent Financial Times article, the Stanford Law School Securities Class Action Clearinghouse and Cornerstone Research have issued a Mid-Year Report on trends in securities class action filings.  Among the report’s key findings are that U.S. securities class actions against foreign companies are on the rise and that the financial industry continues to be the target of “unprecedented litigation activity,” trends that are not particularly surprising in the wake of the global financial crisis.  Here is a link to the full report available from the Clearinghouse website.

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