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NU Online News Service, July 27, 3:41 p.m. EDT

The pace of federal securities class action filings was slower in the 2010 first half than in 2009, with filings on track to decline for a second consecutive year, an economic consulting firm said.

A new biannual trends report by NERA Economic Consulting–called “Trends 2010 Mid-Year Study” (http://www.nera.com/nera-files/PUB_Mid_Year_Trends_0710.pdf)–found that if the pace of filings to date continues, there will be a total of 202 federal securities class actions filed in 2010, down from 221 filings in 2009 and 248 filings in 2008.

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