Thursday, April 17, 2014 12:25:06 PM
It is amazing how just about any tiny piece of legal information can be warped and distorted on message boards so that in the end it is misconstrued to represent something amazingly bullish. 99.9% of the time, it's not going to have any significant impact on the case.
Nevermind the fact that this public information has been available to everyone since the start of the day and the market has not reacted positively. In fact, the stock has been down for over 5% most of the trading session.
Nevermind the fact the counsel in these slow-moving cases often gets switched, whether related to personal or professional life of specific individuals or decisions made regarding entire law firms.
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