infinity10 opened this issue on Jun 27, 2011 · 19 posts
CyberDream posted Sat, 02 July 2011 at 2:19 PM
Quote - None the less, the suits are real, and, if only from the number of firms filing, they appear to have some merit, hence newsworthy here I presumed.
Not to be beating a dead horse....
Anybody with the fee can file a lawsuit, that doesn't make them "real" only filed.
Also, consider the timing. Most of these entities are LLC's, LLP's, etc. The majority of these have a June 30 fiscal year end. It appears to be more like "window dressing", just trying to file a few more so they are booked the current fiscal year. The same as fund managers buy and sell stocks on the last of fiscal year (or quarter, in some cases).