According to Stanford Law School, federal securities fraud class action filing activity increased slightly in 2011. A total of 188 federal securities class actions were filed in 2011 compared with 176 filings in 2010, with an equal number of actions (94) being filed in the first and second halves of the year. The number of class actions filed was 3.1 percent below the annual average of 194 filings observed between 1997 and 2010. The court system is still trying to digest cases rleated to the 2008-2009 market crash. The entire release can be viewed at the link below.
http://www.marketwatch.com/story/securities-class-action-filings-increase-slightly-in-2011-according-to-report-by-stanford-law-school-and-cornerstone-research-2012-01-19
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