Thursday, October 27, 2011 3:07:52 PM
I strongly disagree. This is at best, disgraceful behavior from a contracted party to evaluate a sale opportunity for our company. At worst, a potential legal issue to proceed on concerning the damage they have done. It is quite clear that Barclay is not just an analyst, but a contracted and involved member of the current process with similar requirement to STFU about anything concerning valuation of IDCC while the process is ongoing. I dont see much difference in Barclay, Evermore or IDCC saying that the future value of this company is less by "X" amount, and that not being MATERIAL to what is going on. I cannot believe that there is not some wording in the orginal agreement with Barclay to either prevent something like this, or get rid of them if something like this occurs.
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