Commentary

Peter Maragos
Traders Magazine Online News

Rebate Debate Misses the Mark

Dash Technologies' Peter Maragos weighs in on the market rebate debate - saying there is nothing intrinsically wrong with rebates, per se. However, there is a problem with the brokerage industry’s dominant fee model.

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Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?




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July 31, 2002

Pace Of Securities Suits Slows

By Colleen Marie O'Connor

IPO laddering charges filed by investors were unheard of in the earliest batch of securities lawsuits filed in 2002.

In fact, following the ballooning of shareholder class-action lawsuits last year, largely involving IPO laddering charges, preliminary figures show that some of the air has been let out of the 2002 filings.

According to the Securities Class Action Clearinghouse at Stanford University, and Cornerstone Research, a litigation consulting firm, 58 class-action lawsuits were filed in the first quarter of this year. That number is down significantly compared to most of last year's first quarter activity. Last year a record 483 suits were filed.

Through June 7, 2002 it was reported that 107 class-action lawsuits had been filed. In 2000, 213 such claims were filed.