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Author: 38Packard Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1870  
Subject: Securities Litigation Date: 7/10/2009 7:07 AM
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I received 2 pieces of mail from The Garden City Group re: Initial Public offering Securities Litigation yesterday. Not having the energy to read through all of the fine print, and the fact that I think that all class action suits benefit the lawyers and not the plaintiffs, I was about to chuck it in the trash. I wanted to check here before doing that, and noticed that no one has posted here in a little over a year. (Wow!)

Skimming the materials, it looks like about $300,000 has been awarded to the plaintffs ($0.0222 / share) and the lawyers are getting $0.0107 / share.

Just checking to see if others got this.

Cheers!
'38Packard
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