I may be out of date (2004/5) and will look further into it.
Presumably if the limitation has been set at 50 then there will be a load of other law firms filing the same for every 50. The lead case gets heard and depending on the outcome all the others are decided too.
I understand that the lawyers have been allowed an uplift in their percentage. From 30% to 40% perhaps they argue with smaller numbers of the class they need a bigger % .
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.