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Pallas v. Lucent Technologies
Donovan Searles is co-lead counsel in this stockholder derivative suit brought on behalf of the current holders of Lucent Technologies, Inc. (NYSE:LU) securities. The stockholder derivative suit alleged, among other things, that certain officers and directors of Lucent had caused the company to engage in misleading accounting and financial reporting practices that exposed Lucent to liability in consolidated securities class actions.
