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Securities

Mar. 26, 2010

Price Jumps for Securities Settlements

The price of settling securities fraud class action lawsuits rose more than 27 percent on average in 2009 over the previous year, and the number of settled cases rose as well, a new study released Wednesday found.

By Gabe Friedman

Daily Journal Staff Writer

The price of settling securities fraud class actions rose more than 27 percent on average in 2009 over the previous year, and the number of settled cases rose as well, a new study released Wednesday found.

The Stanford Class Action Clearinghouse and Cornerstone Research released the findings as part of an annual report on securities class action settlements. It found there were 103 ...

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