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Securities Fraud Class Actions Must Be Curtailed, Attys Say

Law360 (June 11, 2018, 8:10 PM EDT) -- Class action securities fraud suits have proliferated in recent years, a trend that’s harming U.S. businesses, investors and the economy, and it needs to be reversed, a panel of defense attorneys said at an event Monday in Lafayette Hills, Pennsylvania.

From 2014 to 2017, the number of federal securities class actions filed in the U.S. more than doubled from 168 to 412, according to statistics provided by insurer Chubb Ltd. during a discussion sponsored by the insurance company titled “From Nuisance to Menace: The Rising Tide...
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