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abrooklyn

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abrooklyn

Re: P K G post# 166028

Friday, 02/17/2012 12:36:30 PM

Friday, February 17, 2012 12:36:30 PM

Post# of 312101
PKG,

I believe this firm is one of the 12.

Story from Bloomberg:

Lawyers Cash In While Investor Clients Get Nothing in Merger Lawsuit Deals

None of the 10 cases that New York-based Faruqi & Faruqi helped to settle during the two years produced cash for clients, according to court records. Legal fees in those 10 cases totaled $6 million, split among plaintiffs’ firms.

http://www.bloomberg.com/news/2012-02-16/lawyers-cash-in-while-investor-clients-get-nothing-in-merger-lawsuit-deals.html
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