PriceWaterHouseCoopers Releases It's 2007 Securities Litigation Study

From the report (pdf): 

After a two-year decline and a sluggish start to the year, total federal class actions filed in 2007 against foreign and domestic companies increased once more, reversing the previous downturn. Not surprisingly, much of the filing activity was due to subprime-related matters, which represented 30 of the 103 filings made in the second half of 2007 and 23% of the overall 2007 filings. Despite the increase, however, the total number of filings remains below the average of 180 that has been the norm since the enactment of the Private Securities Litigation Reform Act of 1995.

Hat tip to beSpacific. [JH]