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Landmark lawsuit over CDO investments

Discussion in 'General Investing Discussion' started by mjackson, 9th Apr, 2009.

  1. mjackson

    mjackson New Member

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  2. rvoight

    rvoight New Member

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    11th Aug, 2009
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    Location:
    Sydney
    Ambulance chasing

    IMG is a listed litigation firm that is basically chasing anything with a pulse. In the US they are referred to as ambulance chasers. If councils can provide physical evidence (eg an email, letter) showing they were misled, then they have a case. Otherwise its just your usual case of when things go wrong, people want someone other than themselves to blame.