Wednesday, October 08, 2003

It's A Feeding Frenzy That's what one of the partners in my former firm would say. At FARK they would just give it the  tag: "Investors gain little from shareholder suits". Highly critical analysis of the shareholder-suit biz in the St. Louis Post-Dispatch: "Usually, what shareholders get back is some minuscule fraction of their loss, some symbolic payment," said Stuart Greenbaum, dean of Washington University's Olin School of Business. [Overlawyered] File under The Legal Profession. 10:54:30 PM