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To: Milkman who wrote (252)9/28/1998 2:07:00 PM
From: Justice Reed  Respond to of 285
 
It's clear that you did review the FAQ. I'm sorry it wasn't helpful to you. The goal of the securities fraud lawsuit is deterrence, pure and simple. The system is built to provide incentives to attorneys to act as private attorneys general to make up for the shortfall in enforcement manpower at the SEC. Although there is often not enough money to get everyone $1 on the dollar, there are occasional bright spots. In Bonneville Pacific we recovered about $.68 on the dollar in a $26 million recovery. That's pretty good.
Good luck,
Justice Reed
schubert-reed.com