In a turn events that leads me to believe there is karma, the nytimes reports that william lerach, the scourge of silicon valley, has stepped down abruptly from his firm and speculates this is thr result of ongoing criminal incestigations of kickbacks paid to class action plaintiffs.
Lerach has brought suits against nearly every public company that faced a big stock drop including my former company, supportsoft. Most of these companies choose to settle (as support did) rather than face protracted suits. This is akin to the greenmail of the 80s.
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