WSJ-LAW story just out memorializes the waning 10b5 Class Action suits that were created not long ago by the brilliant mind of Squire Bill Lerach pictured in the article. BODs now universally pass protective bylaws insulating them from scrutiny and “safe harbor” boiler plate caveats attached to every corporate move had stood up in Court.
January 5, 2010
10b5 Securities Violation Class Action Suits Wane
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