What's happening with all those law suits?
First, I see boy genius is still plying his incredibly stupid investing tricks...
FYI on Milber-Weiss
They got sued and it went against them to the tune of $45 million according to the WSJ. Guess for what? Yep, you're right, same stuff as we'd all figure. You should see something soon. It was by another poor misfortuneate company that they picked on earlier.
From the Yahoo board:
by: alfalfaeater (39/M) 25808 of 25815
ok...for kicks, I spent 15 minutes working my way across the US searching for this article - easy pickings.
Mr. Lerach, of MW, apparently is making waves out there -
news.com
Look at how often Mr. Lerach's name comes up in a simple search at news.com
news.com ach
PricewwaterhouseCoopers actually has a "LerachWatch" site focusing on class action abuse -
10b5.com
10b5.com
Sidenote: I tried using Bloomberg's web site to search for "Lerach". No hits. And let me tell you - with a unique name like "Lerach", it predictably should be, and was, an easy name to search for "hits".
Sorry to be so blunt, but Bloomberg's news service SUCKs. Miles behind a quality meta-search engine.
Oh, anyone think MW is uh, slightly overdoing it - check this out -
search.excite.com 4&trace=NT
So, since we logically needs news out of Illinois - we go to this site that tracks daily news for all 50 states -
isleuth.com <-- look on left sidebar
And search for Illinois news:
isleuth.com
And....article served in 15 minutes' effort. (again - no thanks to Bloomberg's unacceptable site)
chicagotribune.com
Conclusion -
The awesome power of the internet...catches up to the wolves and those dancin' w/ the devil.
alf
P.S. Strategically, looks like Mr. Lerach just "picked on the wrong folks" this time:
"...Lexecon was co-founded in 1977 by University of Chicago law professor Richard Posner, now chief judge of the 7th U.S. Circuit Court of Appeals.
A key figure in the legal fight against Milberg Weiss has been Daniel Fischel, a former Lexecon owner and now dean of the U. of C. Law School."
|
