State Attorney General Class Actions Raise Concerns

Law360 (October 8, 2007, 12:00 AM EDT) -- The fall of plaintiffs' class action lawyer William S. Lerach, who recently pled guilty to conspiracy to obstruct justice, reveals the irony that underlies most class action lawsuits. The lawyers who bring these cases profess to serve as "private attorneys general"—representing average Americans who want justice from bad corporations....

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