Plaintiff Lawyers Seek Their Cut On Virtually All Big Mergers, Study Shows
Posted on February 28, 2013 at 00:01 AM EST
A new study by Cornerstone Research shows that plaintiff lawyers challenged 96% of all public-company mergers and acquisitions worth more than $500 million last year, lobbing an average of 5.4 suits per merger and suing an average of two weeks after each one was announced.
A new study by Cornerstone Research shows that plaintiff lawyers challenged 96% of all public-company mergers and acquisitions worth more than $500 million last year, lobbing an average of 5.4 suits per merger and suing an average of two weeks after each one was announced.
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