Class action controversy continues to gain momentum as law school reveals 17% increase in securities lawsuits
January 26, 2005 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
The controversy over US class action litigation looks set to grow after research from the prestigious Stanford Law School found the number of companies sued in 2004 rose by 17%.
Stanford’s annual class action report shows that 212 companies were sued for securities violations, up from 181 in 2003.
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