Innovation Pharmaceuticals Inc (IPIX)

[F1ash]

I thank you LR. You certainly have a skill set that benefits everyone here.

I am not a lawyer but I just can't see were Rosen addressed this issue.

"On the other hand, if the two plaintiffs somehow did review the complaint prior to
certification, it is equally troubling because it means either: (a) the Rosen Law Firm prepared the complaint in a matter of hours, showing that it failed to make a reasonable inquiry under Rule 11 (which would not be surprising because its assertions are demonstrably false); or (b) the Rosen Law Firm knew about the article and had a copy before it was posted online, thereby showing at a minimum that lawyers at the Rosen Law Firm either knew personally or were in touch with the anonymous author who Defendants believe is complicit in perpetrating securities fraud."

The closest thing I was able to find was near the end where they said, that could be remedied by having an independent scientist look at it now, but that still wouldn't explain how they performed proper Due Diligence in two hours.

If anyone here knows how to find the TOS rules for Seeking Alpha that were in effect at the time the article was written (I believe they were updated recently) I would love to read them as I believe it could be useful to Sullivan.

Thanks again Lone Ranger!