The lead plaintiff in a politically tinged securities lawsuit against Halliburton has taken the unusual step of asking the court to replace class-action king William Lerach with equally famous litigator David Boies as lead attorney on the case.
There are cost issues with excess transactions, questions about the actual benefits of capturing losses, as well as an impact on the portfolio being out of the market and needing to purchase a less ideal fund to replace the asset class sold out of.