Report: Q1 saw decline in securities lawsuits

The number of securities lawsuits in the first quarter dropped to 174, a 39% decline from the same period last year, according to a report from Advisen. "The securities litigation landscape now looks more like it did prior to 2007, before the meltdown of the subprime mortgage market and the credit crisis sparked hundreds of lawsuits, largely against financial institutions," said an Advisen analyst.

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