University of Maryland Law Professor Richard Booth has leaped into the blogosphere with his new blog, The Quant.  His blog is "about the intersections of law, business, finance, economics, and statistics" and looks like it will include some interesting securities litigation material.  And no, I'm not just saying this because (a) I was once Prof. Booth's student at Maryland Law School and (b) I later had the somewhat odd experience of taking his deposition as the opposing party's expert witness in a securities class action (true story).

His maiden post, entitled "The End of the Securities Fraud Class Action as We Know It" is a summary of a November 2005 article he published that argues that securities fraud actions should all be treated as derivative actions, and  should be dismissed unless insiders have enjoyed gains from trading during the fraud.  The full article can be downloaded here.

Good luck and have fun, Prof. Booth!