PriceWaterHouseCoopers 2007 Securities Litigation Study Released
2007 Securities Litigation Study, April 2008 (77 pages, PDF): “By far, the most significant happening in 2007 was the unfolding of what has become known as the subprime crisis. Early in the year, amid a falling housing market, increasing interest rates, and a surge in foreclosures, subprime lenders began declaring bankruptcy, announcing significant losses, and/or …