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If Everyone’s Finger-Pointing, Who’s to Blame?

Publication Date: 
January 22, 2008
Source: 
The New York Times
Author: 
Vikas Bajaj

Professor Joseph A. Grundfest is quoted in The New York Times about the increasing number of securities class action lawsuits caused by the subprime mortgage crisis:

“It will be a multiring circus,” said Joseph A. Grundfest, a professor of law and business and co-director of the Rock Center for Corporate Governance at Stanford. “This particular species of litigation will be manifest in many different types of lawsuits in many different jurisdictions.”