RIAA Blows Millions on Piracy Lawsuits
News Security
The Recording Industry Association of America (RIAA) has been spending millions in legal fees to recover relatively small amounts in damages, a financial report filed by the organisation revealed today.According to data retrieved by the p2pnet blog, in 2008 RIAA spent a total of $16 million in lawyer's fees, but recovered just $391,000 in settlements.The organisation paid $9,364,901 to Holmes Roberts & Owen, over $7,000,000 to Jenner & Block, and $1.25 million...
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