InvestorsHub Logo
Followers 5
Posts 373
Boards Moderated 0
Alias Born 08/16/2001

Re: bigbizz post# 14412

Monday, 07/15/2002 7:10:51 PM

Monday, July 15, 2002 7:10:51 PM

Post# of 15369
I've never been involved in a CA suit or a CA arbitration, but I'd think the Defendant would be required to disclose their major business activities. Even though the time period in question happened a couple of years ago, it seems they would be required to disclose significant business activities as part of good faith arbitration for purposes of reaching a settlement. Maybe I'm wrong. Either way, if they have finalized major deals but haven't disclosed them out of concern for how it may impact a CA settlement, it sounds like they may be paving the way for another CA suit in the future.

Yes, I do watch the news. Companies get in trouble when they mislead investors. That's my point.