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Monday, January 23, 2006

A Safe Bet

As discussed here by the WSJ Law Blog and in the underlying story in The Economist, an astounding number of institutional investors continue to fail to file claims in securities class action settlements--up to 70% according to one academic study.  The Law Blog observes that "the Economist amusingly suggests this could lead to a new wave of class actions" against the institutional investors that are failing to collect this money.

Ya think? 

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