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Wave Of Subprime Litigation On The Horizon: Experts

By Bailey Somers (November 1, 2007, 12:00 AM EDT) -- With two of Wall Street's biggest banks announcing multibillion-dollar write-downs due to subprime mortgage exposure, the race to the courthouse has already begun for plaintiffs' lawyers. And although the first wave of shareholder suits hit court dockets recently, experts say that for investment banks, the worst is yet to come....

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