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db_ill_invest

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db_ill_invest

Re: vkoenig post# 71653

Friday, 04/13/2007 2:24:02 PM

Friday, April 13, 2007 2:24:02 PM

Post# of 157300
GTEM/GTEL has insurance for losses from any class action. The risk to GTEM is minimal from this. It is limted to their deductable, unless their was fraud. I doubt their will be criminal fraud charges as the SEC would have charged someone or shut down GTEM by now if that were the case. Also a Supreme Court ruling last spring that I posted about back then limits the number of participants in these types of 'class action' cases, this also lessens the awards and makes it less profitable for the attorneys. IMO
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