Securities Lawsuits Take Off Again: Report

Law360, New York (August 4, 2009, 2:23 PM EDT) -- Securities lawsuits are on the rise again, after a brief lull in the second quarter, setting the stage for a potentially tough year for some insurance companies, according to a new study examining recent filings.

While the first quarter of 2009 broke records in terms of the number of securities lawsuit filings, driven largely by the credit crisis and the Bernard L.. Madoff scandal, litigators, particularly plaintiffs interested in pursuing securities class actions, seemed to take a brief step back in the second quarter, according to...
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