Word: pomerantz
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Dates: during 1970-1979
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...least one stockholder has already filed suits against the McGraw-Hill management and others are expected to follow, claiming that they were financially damaged by the turndown of the $40 bid. Said Abraham Pomerantz, a New York lawyer who makes a specialty of class action suits: "There are squeals all over America from frustrated shareholders of McGraw-Hill. My telephone has been ringing all morning with calls from people who want to join the [lawsuit] parade...
...American jurisprudence is the adversary system, a device by which justice and truth are to emerge from the clash between two opposing viewpoints. "We boast about it, but it's a very mischievous system designed not to achieve but to frustrate the truth," declares New York City Lawyer Abraham Pomerantz. "Each side pulls out the facts that help and ignores those that don't. Out of that come confusion and distortion, and the cleverer guy wins." The system also suffers from disparity among lawyers. Some are superior, and others are what U.S. Judge David Bazelon labels "walking violations...