Posted On: 08/18/2016 5:46:54 PM
Post# of 72436
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Re: thefamilyman #26521
That's why Sullivan said that under the new law, the judge is COMPELLED to sanction the Rosen Firm, and why he gave all those citations for relevant passages and also appended the entire transcript of that congressional hearing. He's giving her all the ammunition for her decision -- and also letting her know that he'll appeal if she doesn't follow the law.
Here's one of the things Sullivan quoted, from that Congressional hearing:
Here's one of the things Sullivan quoted, from that Congressional hearing:
Quote:
The Conference Committee was also troubled by the plaintiffs’ lawyers ‘‘race to the courthouse’’ to be the first to file a securities class action complaint. This race has caused plaintiffs’ attorneys to become fleet of foot and sleight of hand. Most often speed has re- placed diligence in drafting complaints.
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