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Old 01-25-2005, 12:38 PM   #1851
sgtclub
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Join Date: Mar 2003
Location: Survivor Island
Posts: 7,007
frivolous lawsuits

Quote:
Originally posted by Adder
And then there is Milberg...
This was my thought exactly. The securities class action bar is a real problem, especially with deriviative actions where there is no fraud. Yes, the shareholders receive some compensation, but it is at the expense of their investment because these suits often times have a crippling effect on companies. The lawyers get phat though.
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