So: securities class actions that have gone to the Supreme Court seem to be unusually contentious and difficult to settle. Which side is responsible? Thomas Dubbs of Labaton Sucharow, who was lead counsel for the Connecticut fund that settled Wednesday with Amgen, told me his side’s resolve deepened after its big win at the Supreme Court. But delay typically benefits deep-pocketed defendants and lawyers working at hourly rates more than shareholders and their contingency-fee counsel.
via Why do securities class actions drag on once SCOTUS gets involved? — On the Case