I guess even sharks have got to eat: Round Two of the bogus shareholder say on pay litigation

Pepper Hamilton has a great analysis of what they aptly call "lawyer-driven suits," which "do not allege an actual violation of a disclosure statute or rule," so that "every public company with a shareholder vote scheduled for the second half of 2013 is a potential target." These are bogus suits brought exclusively to make money for plaintiff lawyers and a classic example of why litigation reform is essential if we are ever to get the economy going again.