This case was five or six years of litigation telescoped into less than three, which is a testament to a hands-on judge determined to get a fair and just resolution for investors and defendants as quickly as the judicial system will permit, ... We are extremely gratified by the kind words she has to say and look forward to pushing hard to process claims in accordance with the formula approved today and distributing this historic recovery to the victims of the WorldCom fraud as quickly as we can. |
This case was five or six years of litigation telescoped into less than three, which is a testament to a hands-on judge determined to get a fair and just resolution for investors and defendants as quickly as the judicial system will permit. We are extremely gratified by the kind words she has to say and look forward to pushing hard to process claims in accordance with the formula approved today and distributing this historic recovery to the victims of the WorldCom fraud as quickly as we can. |
This field has been plowed. This strikes me as not only old news, but very old news ... The only difference seems to be that the lawyers won the right to publicize it. |
You have to wonder how the auditors and investment bankers could have missed so many 11th-hour deals involving hundreds of millions of dollars at a time. |