Will There Be An Onslaught Of ARS Litigation?

Law360 (July 30, 2009, 1:13 PM EDT) -- The February 2008 meltdown in the market for auction rate securities left thousands of investors unable to sell their holdings. State and federal regulators moved quickly against underwriting banks and ARS market makers such as Goldman Sachs, UBS and JP Morgan Chase to secure liquidity and relief for some, but not all, investors....

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