Turtle Beach Corp. (HEAR): If you read the filing, TB has to pony u...

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Re: Alpha66 post# 629

Tuesday, 09/06/2016 7:38:03 PM

Tuesday, September 06, 2016 7:38:03 PM

If you read the filing, TB has to pony up the settlement fees. And the next line after this is mentioned states that as of 6/30/16 the company has NOT reserved for this judgement since they think the case is without cause.

So not only are they dumping, but they think they have a strong case and Turtle is just sitting out there in the wind with nothing reserved to pay up if they lose.

Do they even have enough cash around to pay this if they have to?

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Recent HEAR News

Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 09:47:14 PM
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