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
Schools for Misrule
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Cato Institute
Individual liberty, free markets, and peace: the world's premier libertarian think tank. Publishes Cato at Liberty, where I blog on contemporary policy issues.
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