QSGI, Inc.(fka QSGI)

[jaxstraw]

Who knows. Sherman has never been shy about using shareholder money to fund his defense, or act as a plaintiff multiple times in the past.....he could care less because ultimately it is shareholders who end up paying for it.

And this time.not be eligible for D&O reimbursement if found in violation.

What a champ.

Not for nothing but since the ex CFO Cummings settled based on the same charges ,and took a five year officer bar ,it is pretty easy to see the outcome.

Cummings not fighting is going to sink Sherman.

And you can bet the farm Meynarez saw the writing on the wall. Sherman is going to draw at least a 5 year officer bar.

The stigma for a public company speaks volumes.