2009 Mid-Year Securities Litigation Reports Are Out; Filings Have Leveled Off

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NERA and Cornerstone Research (in cooperation with Stanford Law School’s Securities Class Action Clearinghouse) recently issued their respective assessments of securities litigation for the first half of 2009. Both appear to report that federal securities class action filings, which had increased in 2008, have stabilized or dropped, due largely to a sharp decline in filings during the second quarter.

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Sheppard Mullin Richter & Hampton LLP on:

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