Shareholders Unlikely To Get Hands In Execs' Wallets

Law360 (September 18, 2008, 12:00 AM EDT) -- The lucrative compensation packages of some Wall Street executives have raised eyebrows amid the problems that sent banks in a spiral this week, but shareholders will be hard-pressed to recoup any of that cash.

Plaintiffs lawyers and law professors said Thursday that shareholders have a small chance of succeeding in attempts to regain money paid to the executives of Lehman Brothers Holdings Inc., which filed for Chapter 11 Monday, or the flailing Merrill Lynch & Co., which announced an approximately $50 billion merger with Bank of...
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