Glossary entry

English term or phrase:

throw cases out

Chinese translation:

拒绝受理案件

Added to glossary by Angus Woo
Dec 17, 2004 08:06
20 yrs ago
English term

throw cases out

English to Chinese Bus/Financial Finance (general)
Investors appear to be losing the war with Wall Street in recovering money over conflicted research. Attorney Seth Lipner estimates that only 30 percent of all cases alleging that investors lost money because they relied on conflicted research has resulted in an award of money. Lipner blames the terms of the $1.4 billion settlement that Spitzer reached with Wall Street—the firms were allowed to pay the fine and agree to certain structural changes without having to admit guilt for misleading investors. "It has basically allowed arbitration panels to throw cases out," Lipner says.
拒绝官司?

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拒绝受理案件

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