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Pick your poison: class actions or corporate criminal prosecutions?



Joe Grundfest, writing in today's WSJ, notes that securities class actions are down and suggests that might be because of the rise in corporate criminal prosecutions. Even if that explanation is correct, I wonder whether we're better off.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.