InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,584.54
(
-0.88%
)
US TECH 100
19,697.60
(
-2.09%
)
Dow Jones
39,753.75
(
0.08%
)
Brent Oil
85.11
(
0.07%
)
Bitcoin
57,365.54
(
-0.68%
)
Post# of 79921
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Spotter_four_2

Send PM Follow Ignore
Followers 1
Posts 16
Boards Moderated 0
Alias Born 03/03/2006

Spotter_four_2

Re: None

Friday, 06/22/2007 8:57:47 AM

Friday, June 22, 2007 8:57:47 AM

Post# of 79921
To offset any ideas of anyone considering a class action lawsuit against PBLS based on their recent filings with the pinksheets, the following occurred yesterday:

The U.S. Supreme Court made it harder for investors to sue companies and executives they suspect of fraudulent practices. In an 8-1 decision, the justices ruled that investors have to show "cogent and compelling" intent of fraud to pursue a class-action suit--a more stringent burden than reasonable intent.

Spotter

"Green flag this time by......."

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up