4 ms·
So small investors get screwed, because they'll never get enough in an individual action to pay the litigation costs.
by gweinberg 8y ago
So small investors get screwed, because they'll never get enough in an individual action to pay the litigation costs.
- gnicholas 8y agoI'd be curious to know how small the "small investors" are. Also, smaller investors can ride the coattails of larger lawsuits, if those are successful. Findings that Theranos fails to refute in those trials can be used against Theranos by subsequent parties, under the res judicata doctrine (specifically, collateral estoppel).