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But that still doesn’t explain why plaintiffs’ lawyers are so interested in filing shareholders derivative lawsuits, especially because the cases usually settle with the companies agreeing to a few corporate therapeutics and the payment of modest plaintiffs’ attorneys’ fees.
An August 31, 2006 article in the entitled “In the Hunt for Heftier Awards, Lawyers Seek Backdating Suits,” (here) takes a look at the reasons why plaintiffs’ lawyers might be more interested in the derivative suits, even though the payday for the plaintiffs’ lawyers would probably be lower in a derivative suit than a securities fraud class action lawsuit.
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The companies are, of course, taking great pains to repair their public image and to restore investor confidence.In that talk, the issue of posting student photographs online led to a lively discussion.As the article “Posting Pictures to a School Website” explains, digital cameras and camera phones allow us to take photos and post them online much faster than ever before.Companies also face pressure under the Thompson Memo to show full cooperation with regulators in order to avoid corporate criminal prosecution, which adds a particularly sharp edge of necessity for companies to cut individuals loose.From choosing and editing their photos to providing individual advice to completely writing (or rewriting) personalized summaries, through From the start of the New Year through March are some of my busiest months, with new clients galore right around the big posted on its website a hotlinked list of companies (here) that have been contacted by the SEC, revealed a probe by the SEC, or have been subpoenaed by a U.