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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: bobby is sleepless in seattle who wrote (103331)6/21/2000 10:59:00 AM
From: fvillelli  Read Replies (1) of 120523
 
Bobby,
just out of curiosity, when an attorney files a class action lawsuit against a company on behalf of the stockholders,who, besides the attorney wins? Where does the payout come from? Isn't it like robbing Peter to pay Paul? I realize that this is just one more get rich quick scamm, but who really pays? The insurance companies? The Board of Directors-personally???
Just wondering...
FTV2
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