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High Court Raises The Bar For Investors Alleging Securities Fraud

Publication Date: 
June 22, 2007
Legal Times
Tony Mauro

Professor Joseph Grundfest is quoted in a Legal Times article about the Supreme Court's 8-1 decision to make it more difficult for plaintiffs to file shareholder suits:

Stanford Law School professor Joseph Grundfest says, "While the decision is clearly a victory for defendants, it is not as thorough a thrashing of the plaintiffs as some plaintiff lawyers had feared."