Congress has been trying to curb lawyer-driven class actions for more than a decade, but that hasn’t stopped a recent contest over the right to take the lead in suing XM Satellite Radio from getting ugly.
Lawyers from class action giant Lerach Coughlin Stoia Geller Rudman & Robbins and Washington, D.C.-based plaintiffs firm Cohen, Milstein, Hausfeld & Toll duked it out for lead counsel, with Lerach carrying the day and Cohen Milstein crying foul.
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