Objections might slow down the approval of a class action settlement on behalf of black retail brokers against Morgan Stanley: “Linda Friedman, an attorney for about 30 brokers, claimed that James Finberg and other class counsel fished for a lead plaintiff after they already negotiated the settlement with defense lawyers at Morgan, Lewis & Bockius.” (Dan Levine, “Objections Interrupt Morgan Stanley Settlement”, The Recorder, Jun. 17).
Chronicling the high cost of our legal system
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