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Securities

Jun. 8, 2006

By the Numbers: Fewer Securities Class Actions, Bigger Payouts

SAN FRANCISCO - The number of private securities class actions filed in the United States dropped to the lowest level in nine years in 2005, even as settlement values shot up by more than 150 percent, according to a recent report on securities litigation trends.

By Anna Oberthur
Daily Journal Staff Writer


      SAN FRANCISCO - The number of private securities class actions filed in the United States dropped to the lowest level in nine years in 2005, even as settlement values shot up by more than 150 percent, according to a recent report on securities litigation trends.
      "The dollar value has skyrocketed," said Daniel Dooley, a Price...

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