The first in the nation when it started in 1997, the Clinic offers an alternative to litigation and represents investors with an annual income and claims that are less than $100,000. Professor Gross serves as Director.
“Fifty years ago, the market was not open to general investors,” Gross said. But with changes in law and the proliferation of 401(k) retirement investment plans, the stock market has opened up to small, less savvy investors “and that is what has led to abuses.”
The article can be read here.