InvestorsHub Logo
Followers 88
Posts 8624
Boards Moderated 3
Alias Born 06/08/2006

Re: serfdom post# 1668

Friday, 07/27/2007 2:04:20 AM

Friday, July 27, 2007 2:04:20 AM

Post# of 13617
I think the shell could get sued certainly, but I don't think if someone took it over they could individually get sued. Fraud requires a false representation and an intent, and you can't be liable for that if you didn't make it. Poor rca might get sued, but he's said he's willing to take that risk and would cooperate with any plaintiffs with truthful answers even if it meant that he could be found to have breached fiduciary duty.





Corey Ribotsky Downward Spiral NIR Group AJW board has moved to the NIR Board which is available for FREE users as well as paid subscribers. Bookmark the NIR Board to discuss: http://investorshub.advfn.com/boards/board.asp?board_id=11792

Join InvestorsHub

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.