If we could only get a lawfirm to file a suit against the lawfirms that are filing the suits against the company for destroying additional shareholder value....Then get another lawfirm to file a suit against all lawfirms involved...and so on until all the lawyers implode into one giant pile of shit. Of course that wouldn't really change anything except it would all be piled in one place!
You're kidding right? It's all about signing up as many potential plaintiffs as possible. Some firm will sign the most (or the biggest losers) and will be named lead counsel. They will get the most fees covered from any settlement. The others do less work but still receive the lawyer's share of any settlement based on the number/percentage of clients they represent in the action. If there is a settlement, of course.
There's very little actual legal work involved by most of these firms. That's why the complaints are so "cookie cutter" in wording. It's also why the same firm may be a party to suits against hundreds of firms without the resources to be the lead counsel in all the cases. It's sick.
If you really want an interesting insight into the ethics/tactics of the most famous of these types of firms: