The Missouri Court of Appeals, Eastern District yesterday rejected complaints that the settlement was unfair to the ostensible clients of Milberg and other big class-action firms.

FORBES: Appeals Court Approves $21 Million Fee In A.G. Edwards Case

In sum, nation-building lenders may in fact have the same traits that could win them loyal customers in today's boom times if - a big one - they can target the new class of clients.

CNN: The Asiaweek Financial 500

Little adds the tax fails to match Hong Kong's image as a world-class city and that some of his clients are now thinking about leaving.

CNN: Foreigners taxed out of Hong Kong property?

The majority of his clients come from the middle to upper-middle class.

FORBES: When Mom Isn't There: Helping Indian Students Adjust to American Universities

Separately, a class action filed the same month by California clients of Salomon's Atlanta office charged the firm with violating California penal code for failing to warn residents of that state that they were being taped.

FORBES: The Tape That Didn't Beep

If firms neglect younger middle-class clients now, they risk losing out on the next generation of rich investors, she and other consultants say.

WSJ: How Financial Advisers Should Ask Clients for Referrals

Clients are required to complete a car maintenance class and donate three volunteer hours to Wheels of Success per month.

CNN: Woman gives low-income workers 'Wheels of Success'

The practice is of dubious legal provenance and can exacerbate the already serious conflicts between class-action lawyers and their ostensible clients.

FORBES: Court Rejects $14 Million Fee For Lawyers, $3 Million For Their Clients