Chronicling the high cost of our legal system

Overlawyered

September 8th, 2005 at 12:09 am

Investor soaked on WorldCom stock, sues NASDAQ

“Steven Weissman is suing Nasdaq because, he alleges, ‘advertisements by Nasdaq influenced his decision to purchase more than $600,000 of stock in WorldCom Inc.’” Bruce Carton of Securities Litigation Watch pages us (Sept. 7) and Prof. Bainbridge is “left speechless” at the suit’s presumption (Sept. 7).

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