Cendant Corporation (NYSE:CD) Message Board

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Non-Tech : Cendant Corporation (NYSE:CD)

CD 4.885

+0.3%

3:59 PM EST

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To: Gail Morgan who wrote (1017)	7/14/1998 9:47:00 PM
From: mauser96	Read Replies (1) of 3627

I get letters all the time concerning class action suites against companies I have owned in the past. Invariably the result is huge fees for the lawyers and a pittance for the investors. What investors get is usually not worth the trouble of filling out the paperwork . IMHO,it's's a cozy little racket between judges (lawyers) , defending lawyers, and plaintiff lawyers. The plaintiff lawyers get most of the money, and as a stockholder (owner) you wind up paying for it.

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