Chronicling the high cost of our legal system

Overlawyered

August 5th, 2008 at 1:38 pm

“Securities laws are not insurance to protect against economic losses.”

» by Ted Frank

Hear, hear.  (In re Apollo Group, Inc. Securities Litigation (D. Ariz. 2008) via WSJ Law Blog; Bloomberg).  Plaintiffs will appeal the trial court’s decision to throw out the $277 million verdict.

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