This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Securities

Aug. 2, 2006

Number of Securities Class Actions in U.S. Decreases Sharply

LOS ANGELES - Filings of securities fraud class actions declined sharply in the first half of 2006, hitting the lowest level for any six-month period in a decade, according to a new report.

By Gabe Friedman
Daily Journal Staff Writer


LOS ANGELES - Filings of securities fraud class actions declined sharply in the first half of 2006, hitting the lowest level for any six-month period in a decade, according to a new report.
      Based on filings from January to June, plaintiffs' lawyers are on pace to file 31 percent fewer class actions than in 2005, concluded the Stanford Law School Securities ...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up