Securities Litigation Trends Climbing

NU Online News Service, Aug 26, 11:11 a.m. EDT?The overall dollar value of securities litigation settlements appears to be on pace to equal or exceed the level reported last year, with settlements totaling $1.5 billion so far this year, according to a PricewaterhouseCoopers analysis.

In a report released by the New York office of the professional services firm late last week, PricewaterhouseCoopers identified 60 settlements in the first seven months of 2003, totaling $1.5 billion.

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