The nation's biggest class-action law firm has dropp a bomb forward the banking industry in the form of a $25 billion lawsuit linking nine banks and brokerage firms to the Enron disaster.

The nation's biggest class-action law firm has dropp a bomb forward the banking industry in the form of a $25 billion lawsuit linking nine banks and brokerage firms to the Enron disaster.

Whether the action according to high-profile litigator Millberg Weiss Bershad Hyne & Lerach will make good lethal is open to question. moreover at the very least, the firm has created a whole modern target class for the plaintiffs bar, adding banks to the list of third parties repeatedly sued for big cash awards when companies proceed bankrupt and leave their cupboards bare.

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