re: Securities Lawyers.....Recovering Investment Losses

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oh shite, so there is already some momentum. I didnt realize that.

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I just Googled "ATP Oil and Gas lawsuit" and the link I gave you was one of many links that came up along with several links about the U.S. suing the company for polluting or something.

Anytime a company goes under lawyers line up to see who can come up with the biggest class for a class action lawsuit against all the deep pockets involved.

These lawyer feeding frenzies also happen almost every time a company's stock price takes a big drop due to some company announcement. It's a form of greenmail by underemployed lawyers trying to make it rain. The lawyers end up with the vast majority of any settlement money. Stockholders get back pennies on the dollar from their losses.