US litigation Seen Growing On Subprime Turmoil
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Stanford Law School and litigation research firm Cornerstone Research is mentioned in a Reuters article about the increase in securities class actions due to increased volatility in the stock market:
Subprime-related litigation has been responsible for much of the recent market volatility. The finance sector had 23 companies were hit with subprime-related suits last year, according to the Stanford/Cornerstone.