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Why are there so many lawfirms involved?

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Why are there so many lawfirms involved?

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It is typical in securities class action lawsuits that several law firms will file similar complaints. This is simply because different shareholders contact and retain different law firms to pursue the same matter. Generally, the cases will be consolidated and heard by the Court as one lawsuit, with each of the law firms participating on behalf of their clients in a capacity to be determined by the court.

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