On January 2, 2007, the Stanford Law School Securities Class Action Clearinghouse , in conjunction with Cornerstone Research, released its year-end study entitled “Securities Class Action Case Filings 2006: A Year in Review” (here), as well as a press release (here) detailing the report’s filings. As The D & O
January 2007
10-Year Low in Securities Fraud Lawsuits
By Kevin LaCroix on
Posted in Securities Litigation
According to a December 29, 2006 Bloomberg.com article entitled “Stock Fraud Suits at 10-Year Low” (here), the 120 companies sued in securities fraud lawsuits in 2006 represented the lowest annual total since 1996. The article cites data from the Stanford Law School Class Action Clearinghouse. The total of 120 companies sued represents…