It was bound to happen sooner or later:Lawyer in Blodget Settlement Says More Suits Are Possiblewww.thestreet.com/markets/justinlahart/1498017.htmlNowadays, nobody has to take any responsibility, and the motto is "if you screw up, sue somebody".Short version of the story:A guy lost $500000 on InfoSpace (INSP), because his Merrill Lynch broker told him not to sell when it was at $60 (now it's $3). The broker said, "well, Blodgett's bullish on it". They all settled for $400000 from Merrill Lynch, claiming that there was a "conflict of interest" between M-L and INSP (there most likely wasn't).The lawyer is so delighted about this that he's got 3 or 4 other similar suits in the works.
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