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Report: Market volatility sparks increase in securities class action filings

Publication Date: 
July 29, 2008
Source: 
Legal Newsline
Author: 
Chris Rizo

Professor Joseph A. Grundfest is quoted in a Legal Newsline story about a report released by Securities Class Action Clearinghouse:

"We continue to witness the dramatic effects of the subprime market meltdown, with half of the filings so far this year linked to the subprime/credit crunch disaster," said Joseph Grundfest, co-director of the Rock Center on Corporate Governance and former U.S. Securities and Exchange commissioner.