Highly critical analysis of the shareholder-suit biz in the St. Louis Post-Dispatch: “Usually, what shareholders get back is some minuscule fraction of their loss, some symbolic payment,” said Stuart Greenbaum, dean of Washington University’s Olin School of Business. “They’re of great benefit to the legal profession, but I don’t know that they do a great deal to right corporate wrongs.” (Allyce Bess, St. Louis Post-Dispatch, Oct. 4) (via 10b-5 Daily).
“Investors gain little from shareholder suits”
Highly critical analysis of the shareholder-suit biz in the St. Louis Post-Dispatch: “Usually, what shareholders get back is some minuscule fraction of their loss, some symbolic payment,” said Stuart Greenbaum, dean of Washington University’s Olin School of Business. “They’re of great benefit to the legal profession, but I don’t know that they do a great […]
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