University of California Berkeley
Recent News About University of California Berkeley View More
-
Report: Surging securities class actions over corporate M&A, 'adverse events,' a growing 'litigation racket'
Saying the trend carries substantial costs for investors and the entire economy, a new report is calling for reforms to tamp down on the growing surge in the number of so-called securities class action lawsuits filed against companies over mergers, acquisitions or stock price drops - a phenomenon the report author called a "litigation racket."