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exwannabe

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exwannabe

Re: Doktornolittle post# 62517

Saturday, 05/21/2016 12:37:11 PM

Saturday, May 21, 2016 12:37:11 PM

Post# of 744814

It is common to see a requirement of a stock loss of at least $100K to be part of a litigation against a company.


You misunderstand what you are seeing.

In a class action suit on behalf of shareholders there will usually be several attorneys fishing to get the lead plaintiff. The court will decide which lawyer gets the prize (legal fees of course) based primarily on who was damaged the most. So the lawyers want to find the biggest loser.

When these suits go forward, anybody in the class who does not opt out participates.

If on the other hand you wish to sue on your own, you can do so with a single share. Of course you would not have free legal help.
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