8.4.2009 NERA Economic Consulting released its report titled “SEC Settlement Trends: 2Q09 Update” stating that the number of SEC settlements for the first six months of 2009 is slightly higher than for the same period of 2008, with 335 defendants in 2009 versus 330 in the first half of 2008. In the second quarter of 2009, the SEC settled with 160 defendants, compared to 175 in the previous quarter and 174 in the second quarter of 2008.

Click http://www.nera.com/PressRelease.asp?pr_ID=3906 to access the release. Click http://www.securitieslitigationtrends.com/PUB_Settlements_Update_0709.pdf to access the report.