Re: Lawsuit on MDCO;s late patent extension filing.
"Wow. Not sure, but that sounds like a fine shareholder derivative suit."
Is that really true?
Who knows where the ball was dropped. For several years I had a job at a public tech company where one minor responsibility was patents. Every so often I would get letters from our attorneys that it was time to re-up, If I dropped the ball on one of these by mistake, I would think somebody might be real pissed. But it's hard to see a shareholder lawsuit,
If the pattent attorney's dropped the ball I could see a suit against them.
There is just ZERO chance that the company was not going to re-uo and changed there mind to late. You re-up even moderately bogus pattents.