Class action gadfly Ted Frank puts his money where his mouth is

But no one can accuse Ted Frank of not putting his money where his mouth is. Last week, in anticipation of what he is absolutely certain will be the U.S. Supreme Court’s decertification of the biggest gender discrimination class action in history, Frank invested 10 percent of his net worth in Wal-Mart options contracts, betting that when the Court issues its ruling in Wal-Mart v. Dukes, Wal-Mart’s stock price will bounce up—and he’ll be able to retire from the class action objection biz a little earlier.

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