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Plaintiffs Firms Cheer Pension Funds As Lead Plaintiffs

By Bailey Somers (January 26, 2006, 12:00 AM EST) -- Scan the list of plaintiffs in recently filed shareholder class action suits and you're likely to spot the names of several state and nationwide pension funds. Over the past five years, pension funds have begun serving as lead plaintiffs in these cases with increased frequency, prompting many to question which are benefiting more: the funds, or the plaintiffs firms that represent them....

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