Securities
Jul. 28, 2011
Reverse merger securities cases up
Chinese reverse mergers made up nearly a quarter of all securities class action cases filed in the first half of the year, according to a report released Tuesday.
Daily Journal Staff Writer
Chinese reverse mergers made up nearly a quarter of all securities class actions filed in the first half of the year, according to a report released Tuesday by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse.
"It's something different from what we've seen before, and not something I would expect to see much longer," said John Gould, senior vice...
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