I wish I knew but per their 8K form they just submitted...“We strongly disagree with the outcome of this legal matter, and we intend to vigorously challenge it.”
"The jury verdict was announced on July 6, 2010, and a final judgment is expected in the next few weeks.The Company intends to vigorously pursue various post-trial motions, as well as an appeal, if necessary."
I think that will further delay the process or even change the outcome of the suit, so I don't see it being a dead cat bounce...
One of the post trial motions is: a motion for judgment notwithstanding the verdict (JNOV) "In a motion for judgment notwithstanding the verdict, a party, usually the losing party, motions the court to render a verdict which is contrary to the verdict rendered by the jury. "
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.