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Sunday, March 25, 2012 3:53:49 PM
Perhaps the going concern statement by the auditors prompted the shareholder to contact an attorney.
More likely, the plaintiff didn't make a demand on the board because he hadn't thought of suing until an attorney called him and suggested that he be a lead plaintiff in a suit.
Which only occurred after the 10K was filed with the controls issue raised.
Ambulance chasing at it's finest.
Legal extortion is like that.
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