Rather, the real winner is a growing cohort of lawyers who are filing meritless lawsuits in federal and state courts across the United States every time a merger or acquisition is announced or a corporate misfortune impacts a company’s share price… In the last five years, half of the nearly $23 billion in securities claims costs have gone to lawyers — both plaintiff and defense.[4]   Since 2017, the plaintiffs’ bar has expanded their corporate fraud… [read post]