If you are a registered user please log in to see more postings.
 

The AAO Weblog covers accounting issues and current events as they relate the practice of investment analysis. All posts prior to September, 2007 are in the public domain, but after September 4, only subscribers to The Analyst's Accounting Observer will see all posts going forward. Only selected, occasional posts will be released to the public domain from September 4 forward.

Subscriptions to full posts available for $500 annually.
Financial Asbestos
Location: BlogsAAO Weblog (Public)    
Posted by: Jack Ciesielski 5/31/2006 7:08 AM
As the options backdating scandal grows, so will the purses of the trial lawyers...

Came across this press release by Kahn Gauthier Swick, LLC, a New Orleans law firm who have created "the nation's first privately funded independent Options Pricing Investigations Division" and urging shareholders to ask them about their rights.

It's serious stuff, and by all means, shareholders ought to take action where possible. For some reason, though, seeing this press release made me think of the lawyers' industrialization of asbestos claims, with radio & TV ads and "cattle calls" at various work venues.
Permalink |  Trackback