Friday, May 25, 2012 9:05:24 AM
The ambulance chasers need someone to stick out front, and it is usually a "shareholder" that:
1) Owns a thousand shares or less,
2) Has no understanding of the stockmarket and feels "cheated" because his stock didn't quadruple overnight.
3) Is not the sharpest knife in the drawer.
It is intersting though, that although there are quite a large number of shareholders that have tens of thousands of shares ( and some with even more than that), are not jumping on this circus wagon. You would think those folks have a lot more money at stake - wonder why they aren't joining in? Maybe because they know this suit is without merit, and that JBI will make them all rich. This is just another one that will fizzle away.
Remember folks, this is the US of A, where given the proper document, you can sue a ham sandwich.
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