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Friday, September 19, 2014 1:21:13 PM
I've dealt with FCPA in other stock investments, for which management was OPEN ABOUT EVERYTHING. The government usually sends information requests. You send them the information. You wait. The government asks questions. You respond. You wait. The government asks more questions. Your respond. Eventually the investigation wraps up. To pay a lawyer the fees they have is absolutely egregious (I won't go into the executive salaries). All the information requests could have been handled internally as HDY has the data, NOT THE LAWYERS! You could then have the lawyers handle all formal responses to the SEC/DOJ. The whole thing is corrupt.
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