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Securities class actions are a powerful weapon. When brought by well-funded firms like Milberg Weiss, they are difficult for companies to defend against. The firm built a reputation, and a fortune, based on a corrupt system. We would be foolish to blame one firm and not take a hard look at the system itself. Here are some suggested improvements: Limit the times one person can be a class representative. Limit class representatives to true shareholders. Hold the lawyers accountable. Limit attorney fees.
March 03, 2008 at 12:00 AM
1 minute read
Presented by BigVoodoo
The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs.
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