The Perpetual Motion Lawsuit Machine

摘要

1 THE PROLOGUE There once was firm called Lerach Coughlin Stoia Geller Rudman & Robbins. Its leader, Bill Lerach, terrorized corporations by suing them whenever their stock suddenly dropped, and then extracting a settlement from them to make him go away. In 2008, Lerach went to prison for paying kickbacks to people who agreed to be plaintiffs in his suits, and the firm was renamed Robbins Geller Rudman & Dowd. If the recent case Gerneth v. Chiasma is any indication, it hasn't changed its ways.