Judge Jed Rakoff almost fell off the bench when a pension fund administrator told him Coughlin Stoia monitors his fund's investments for free in order to identify potential securities cases. But is the practice in fact common in the securities class action bar?
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Manhattan Federal Judge Accuses Coughlin Stoia of 'Shocking Conflict of Interest,' But Is Everyone Engaging in the Practice That Irked Him?
April 16, 2009
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