The lawyers, they keep a-comin'.
Yesterday, news broke
that Scots asset manager Aberdeen
is buying Artio
Soon after, two law firms announced
they are going to investigate the deal for any possible "breaches of fiduciary duty" -- i.e. whether the Artio board caused investors any harm by not shopping the company out to more bidders, etc.
Now, three more law firms are leaping into the breach, so to speak.
Former SEC attorney William Briscoe
and the securities litigation firm Powers Taylor
, are on the case
is throwing its hat in the ring as well
Finally, Brodsky & Smith
the crusade as well.
As of 12:45 P.M. Friday, February 15, an additional four firms have joined in the act.
They include the Law Offices of Howard G. Smith
, the law firm of Rigrodsky & Long
, the law firm of Faruqi & Faruqi
, and the law firm of Brower Piven
For those keeping score, that translates into a total of nine law firms since February 14th.
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