Martha Graybow tells of a new legal effort. A U.S. law firm that focuses on shareholder lawsuits against big corporations has formed a new team to deal with cases stemming from the subprime mortgage meltdown.
The new team formed by law firm Bernstein Litowitz Berger & Grossmann LLP comes as investors already have filed a flurry of lawsuits stemming from the collapse of the market for risky home loans. Defendants in these cases include mortgage lenders as well as big banks accused of issuing false statements about losses tied to mortgage investments.
See Ms. Graybow’s article here.
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