Super lawyer Bill Lerach wins again. This time, it's with Californian voters. Next up: multinationals?
A cluttered office overlooking San Diego's majestic harbour may seem an unlikely base for a near nuclear battle over shareholders' ability to sue. But when this issue was fought out before California's voters in March, Bill Lerach's executive suite became, at least symbolically, the epicentre for a counter-revolution that will impact thousands of investor relations officers across the US and beyond. Some may want to take cover now.
The revolution itself was the 1994 take-over of the US Congress
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