World Surveillance Group Inc (fka WSGI)

[andtheretheygo]

Class Action Lawsuits...... While I'd MUCH rather see a bunch of PRs from GTE announcing gobs of good news, the sudden slew of GTE class action PRs is really not that disconcerting if you take the time to peruse the stock market these days. We live in a litigious society, and when people lose money, many will blame anyone but themselves for their sudden financial predicament, while attorneys will always be there to calm their nerves while collecting their money at the very same time. Just one example of "Lawsuits Gone Wild" would be NFLD. Count the number of class action PRs at NFLD's Yahoo site, and also see if you recognize any names in these PRs. http://finance.yahoo.com/q?s=NFLD .........It's good to remember that the Russian deal was handled from the outset in Moscow, not by a couple of GTE lawyers from Florida, but by a very prestigious law firm, Cleary Gottlieb (Cleary Gottlieb Steen & Hamilton LLP is a leading international law firm, with 12 closely integrated offices located in major financial centers around the world. For more than 50 years, the firm has been preeminent in shaping the globalization of the legal profession. Our worldwide practice has a proven track record for innovation and providing work of the highest quality to meet the domestic and international needs of our clients. In recognition of the firm's strong global practice, its effectiveness in dealing with the different business cultures of the countries in which it operates, and its success in multiple jurisdictions, Cleary Gottlieb received Chambers & Partners' inaugural International Law Firm of the Year award). I wonder what Cleary Gottlieb thinks about this "sham Russian deal"? LOL Right now, GTE's pps "hurts", but hopefully some "pain medication" is on the way. :) In the meantime, I think I'll sue McDonalds for emotional distress after eating cold french fries tonight. LOL