Now that William Lerach is going to prison for funneling kickbacks to lead plaintiffs and Melvyn Weiss and his firm are fighting similar criminal charges, there’s some room at the top of the securities plaintiffs bar. One new entry into this arena may never rival these titans, but it is a surprising player: Duane Morris.
In the last 15 months, Duane Morris has teamed up with Lerach’s former firm, now known as Coughlin Stoia Geller Rudman & Robbins, to bring two derivative suits.
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