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Non-Tech : Tyco International Limited (TYC)
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To: John who wrote (951)12/10/1999 6:12:00 AM
From: JDN  Read Replies (2) of 3770
 
Dear John in Iceland: Here in the USA class action attorneys JUMP into a suit as quickly as possible. That is because those who file first get to lead the case. What that means is THEY get the biggest fees and THEY get to determine how, when etc to settle. This whole situation in general in America is way out of control, there was an attempt to limit it but President Clinton who is buddy buddy with the lawyers lobbying arm stopped it in its tracks. As Lynn and others have said, the ONLY people benefitting are the class action attorneys themselves. They have done a lot of damage to this country IMHO. Hopefully, when we get a Republican President something can be done to rein in these reckless moves. JDN
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