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Re: risk_it_us post# 68396

Monday, 03/19/2007 4:36:03 PM

Monday, March 19, 2007 4:36:03 PM

Post# of 157299
It's possible the judge could just sit on it until the Internal Audit is disclosed, which could have happened.

"if the internal investigation is disclosed to the SEC, it may also be available to plaintiffs in class-action litigation. Courts have generally held that the disclosure of an otherwise privileged internal investigation to the SEC waives the privilege as to all other parties. That means that the disclosure of the results of an internal investigation to class-action plaintiffs may provide a "road map" for their claims."

http://www.allbusiness.com/finance-insurance/288977-4.html

"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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