News Center

open
Elsewhere Online twitter Facebook SLS Blogs YouTube SLS Channel Linked In SLSNavigator SLS on Flickr

Thanks To Subprime Woes, Securities Class Actions Are Up

Publication Date: 
December 21, 2007
Source: 
The Wall Street Journal Law Blog
Author: 
Peter Lattman

Professor Joseph A. Grundfest is quoted in the Wall Street Journal Law Blog about the increase in securities class-action litigation due to the sub-prime lending crisis:

Big business can take solace in the fact that the filings are still below the ten-year historical average of 186 cases, according to the Stanford/Cornerstone study. And subprime cases may be “a one-time event that you don’t expect will reoccur,” says Stanford Law’s Joe Grundfest.