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Civil lawsuits against companies that staged initial public offerings and their underwriters have swelled the total number of securities-related class actions by 23 percent this year, according to a new study from PricewaterhouseCoopers. Of the 263 class actions filed this year, 53 percent, or 140, are IPO-related, the study noted.
August 21, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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