The Wall Street Journal Blog has a “hot off the presses” article on the first indictment in this arena: ‘click’ ARTICLE. It will not be the last. I remain surprised at the apparent reluctance of shareholders and account holders who have lost money either in loss of stock value or interest lost as a result of a takeover or closing who apparently have not called a lawyer to discuss the loss. I guess the old statistics are holding true: only 1 in 3 people who have a legitimate claim ever seek an attorneys advise and counsel regarding it. Go figure. All businesses go to a lawyer as soon as any matter gets a tad grey or a tad ‘hot’.
June 17, 2010
THE GREAT TARP LITIGATION ERA HAS STARTED
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