Today is Friday, 22nd November 2024

NY AG Candidates Trade Barbs

From The New York Observer:

In the down-ballot but (slightly) more high-minded attorney general’s race, both the campaigns of Republican Dan Donovan and Democrat Eric Schneiderman were out with releases early this morning attacking the other guy’s fitness for the job.

Donovan highlight a report in today’s New York Post which called out Schneiderman for a bill he introduced that that would let private lawyers file securities-fraud lawsuits against New York firms on behalf of investors in mutual funds or the state pension fund. Business groups say it would be “a magnet for class action lawsuits” and a boon to trial lawyers, while costing the state jobs.

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