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Securities Class Actions Bear High-Dollar Settlements In 2006

Publication Date: 
March 22, 2007
Source: 
Daily Journal
Author: 
Gabe Friedman

The Daily Journal quotes Professor Joseph Grundfest commenting about high-dollar settlements in securities class actions, which have almost quadrupled since 2005:

"If you asked me to wager a bet, I'd say that this is the peak," Grundfest said. "The numbers have nowhere to go but down."