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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (79)3/5/1999 10:30:00 AM
From: Ploni  Read Replies (1) | Respond to of 10293
 
Shareholder lawsuits are worthless.

In most cases, no money is recovered.

If any money is recovered, the lawyers will get 95% of it.

If a company goes bankrupt, there will be no money left to recover. The companies all indemnify their managers, allowing them to blatantly lie, cheat, and steal with impunity.

Shareholder lawsuits only help short sellers, and lawyers.



To: Hank who wrote (79)3/5/1999 2:52:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
I wouldn't be surprised to see a few pop up...but what good would it do?