MontagK505
Illuminator
- Joined
- Jun 15, 2008
- Messages
- 3,035
I would have thought that in the event of these records being used in a class action lawsuit against them, that they'd mysteriously vanish with extreme rapidity.
I'm not a lawyer, but I suspect he refers to things like canceled checks, bank records showing funds transfers etc. Banks have to keep records of this nature just to defend themselves to prove they had nothing to do with any fraud committed by the Co$. An individual suing the Co$ would have a rough time getting those records, but a lawyer in a class action suit can spend a lot more time doing the paperwork to subpena those same records.
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