Snigierburger, each state has it's own rules I believe regarding public companies so it's quite possible some state required disclosures have not been met.
Self dealing comes to mind as a possibility if the company drags out the release of information until their stock lock up period has expired or close to expiration. I think Jaxs is pointing to something along the lines of a breach in fiduciary responsibility for the board of directors.
I could be completely wrong with this line of thinking.
But I do think there are tons of attorneys who just live to dig up stuff like this.
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