Word: polsinelli
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...They've seen some really high compensation packages and wonder if it really takes $50 million a year to motivate someone," says Ken Suelthaus, vice chairman who handles M&A activity and corporate law at Polsinelli Shughart...
...many legal experts see suits against the SEC as a steep uphill battle because government entities enjoy sovereign immunity. "To sue the government is a very tough proposition," says Dan Reinberg, a partner at Polsinelli Shughart PC. He adds that government entities have sovereign immunity for good reason. "The regulators are there to do a job that the public has asked them to do, and if they can be sued for negligence or mismanagement in their official function, then who's going to want to be a regulator?" he asks...
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