Securities
Sep. 9, 2009
Judges Dismiss More Subprime Fraud Lawsuits
As the summer draws to a close, judges across the country are stamping out subprime-securities fraud class actions like nascent wildfires.
Daily Journal Staff Writer As the summer draws to a close, judges across the nation are stamping out subprime-securities fraud class actions like nascent wildfires. In the last five weeks alone, judges issued four orders dismissing subprime fraud cases with prejudice - more than half of those dispatched since the flood of lawsuits began in 2007. While the end of summer marks a natural time to clear unwanted cases from the...
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