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Billions to Answer For by Daniel C. Girard
Girard Gibbs LLP - San Francisco Office
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November 14, 2011
Previously published by Legal Times on September 15, 2008
In their Aug. 18 analysis "Billions Not For the Plaintiffs’ Bar," Michael Rivera and Erik Frias suggest that buyback transactions will largely dispose of class actions against banks that sold auction-rate securities, denying plaintiffs lawyers what they had allegedly viewed as a "boon." As an attorney for auction-rate securities investors, I’d like to offer my perspective.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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