Monday, 19 May 2008

Subprime cases by type of filing

With 282 subprime lawsuits and other actions to follow, the chart above shows the breakdown by type of case including some of the most noteworthy:
  • 82 Subprime Securities Class Action cases
  • 23 Subprime Derivative Shareholder cases
  • 19 Subprime ERISA Class Action cases
  • 15 Subprime Securities Fraud cases

  • So if Henry Paulson feels the worst is over in terms of the creation of subprime and other credit exposure (story here), the fun is just kicking off for the insurance industry.

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