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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInHarvard prof to shareholders: vote away your right to sue the company
In an interview with Yahoo Finance, professor Hal S. Scott explained why it might be a good idea for a shareholder to give up the right to sue. “It’s costing them money,” he said. “The major shareholders and corporations are holding their shares in index funds, and they sue themselves and the lawyers take 20%.” […]