Subprime mess sends number of fraud lawsuits higher
Investors sued 110 companies for alleged stock fraud in the first half of this year, up from 107 in the previous six months, according to a study released Tuesday by the Stanford Law School Securities Class Action Clearinghouse and Cornerstone Research. About half of the suits included claims related to subprime and other credit losses, the authors of the study said.
Subprime fiasco keeping class action lawyers busy
SEC to Examine Subprime Accounting
Accounting software and criminal justice IT should also see substantial growth.
Note - Gabe's Guide and Kevin LaCroix take a similar view.