Frightened investors may have sliced off nearly 15 percent of the Nasdaq’s value this year, but that’s nothing compared to the damage suffered by Wilson Sonsini Goodrich & Rosati’s stock portfolio.
An aggressive investor in clients, the Palo Alto, Calif., firm was toasting a 1999 portfolio worth an estimated $230 million at year’s end. But by mid-April, Wilson Sonsini’s portfolio had dropped in value by 60 percent to a paltry $91.5 million.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]