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Legal Turnabout For Plaintiffs Attorney Bill Lerach

Publication Date: 
September 19, 2007
San Jose Mercury News
Chris O'Brien

The San Jose Mercury News quoted Professor Joseph A. Grundfest and referenced Stanford Law School's Securities Class Action Clearinghouse in an article about plaintiffs attorney Bill Lerach's fall from grace:

"As a practical matter, I don't think the plea is going to make much difference in the market for securities actions," said Joseph Grundfest, a Stanford law and business professor. "What happens in the future is going to depend on much more than the presence or absence of one lawyer."