Securities class actions down almost 10 percent

Study reports decrease in securities fraud suits against large American companies

According to a study by Stanford Law School and Cornerstone Research, securities class actions against large American companies are becoming less of a threat.

The report found that a total of 94 securities fraud class actions were filed in the first half of 2011, which is nearly 10 percent fewer suits than were filed in the second half of 2010.

Ashley Post

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