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The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”.
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Chubb, insurance, US, securities, class action, lawsuits, payouts, harmed, investors, lawyers, dubious merit, global, financial lines, M&A
