Bill lerach is sorry, Genuinely sorry The securities lawyer, best known for bedeviling corporate executives with shareholder suits, felt compelled to go after some of his own in the Enron scandal. On behalf of shareholders he sued Vinson & Elkins, Enron's law firm, on the theory that it participated in the fraud that led to Enron's collapse. "It broke our hearts to go after them," Lerach says of the 700-lawyer Houston firm. He must have been sobbing all the way to the court clerk's office, transporting a suit with a $40 billion damage claim. V&E says it shouldn't be sued for merely providing legal advice to somebody else.
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