Monthly Archives: December 2005

The Inside Story of the $6.1 Billion WorldCom Settlement

American Lawyer - When 17 underwriters agreed to pay more than $6 billion to settle a securities class action arising from the WorldCom debacle, it set a new precedent. Only five months later, an Enron class settlement topped $7 billion. Law firms representing banks in such massive cases might want to rethink their strategies. Share…
Read more