NU Online News Service, Dec. 14, 3:59 p.m. EST
U.S. federal securities class-action filings picked up in the 2010 second half, and filings are now on pace to exceed last year's total, according to NERA Economic Consulting.
While filings related to the credit crisis have died down compared to 2008 and 2009, other types of filings have made up the difference. And, NERA said, there does not seem to be any overriding trend with recent filings. The suits filed are "against a variety of companies and involving a number of different types of allegations," NERA said.
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