NU Online News Service, Jan. 25, 3:33 p.m. EST

After years of downward trending, securities suits jumped 13 percent in 2009, adding to a dramatic increase in litigation at the peak of the economic crisis in 2008, Advisen Ltd. said.

In its report, "Securities Suits Abound in a Harsh 2009," the consulting firm said that all securities suits for 2009 stood at 910, a jump from 2008′s 804 suits. That number was a sharp increase in securities suits from 2007 of 33 percent.

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