PointofLaw.com
 Subscribe Subscribe   Find us on Twitter Follow POL on Twitter  
   
 
   

 

 

Securities class action filings



They remain at relatively low levels for the second year in a row, reports Stanford's securities law clearinghouse (PDF). Prof. Grundfest offers two theories, not mutually exclusive: fewer frauds (real or portrayable as such) by management, and a stock market that has generally been strong with low volatility, depriving the bar of the sudden price drops that are its bread and butter (PDF of press release).

 

 


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.