BlackBerry Limited (BB)

[Sideem]

I do agree that it was a poor decision by the board and management since any accusations would follow Giamatteo on the chance that a future lawsuit would be filed. It'll come down to the validity of the investigation that found no wrong doing. Hopefully it was done by an independent third party. I assume if the case goes forward, that investigation will be key to Giamatteo's defense. It'll be interesting to see if it winds up being settled out of court.

Regardless of the outcome this whole situation has definitely become a distraction.