Anavex Life Sciences Corp (AVXL)

[Investor2014]

It isn’t without cost for law firms to file and then potentially litigate. Those who don’t consider that end up out of business since they only get paid if they are awarded lead plaintiff and the case settles. There is far between the wins, most settlements are relatively small and the winning law firm(s) on average receives 23% of the settlement amount in fees, which in some few instances can be lot and needs to keep the firm afloat til next one. From case to potential payout is years, so not an easy biz do plan cashflow for.