Monday, November 09, 2015 7:55:00 PM
If you knew anything about m&a, you would know that these parasite law firms sue every company undergoing a merger (no matter what exchange they are trading on or what stock price). Shareholders never benefit but they settle with the Company for $100k-$250k (sometimes more depending on the size of the merger) and get about 1/3 of that as their fee. Great business model. Don't produce or provide any value and get large fees every time.
Btw, I'm a lawyer, but do transnational work, so I deal with this all the time.
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