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Friday, January 25, 2013 12:11:05 AM
Common sense and the context provided by the judgments, which essentially demand that the things that some would pretend weren't done aren't done again, lead any reasonable person to believe that there actually were bad acts and that they were neither imaginary nor unintended.
^ How on earth is an agreed upon injunction not to do things that are already violations of law a "common sense" indicator that "there actually were bad acts" done in the past? If you agree not to violate a law, common sense says you have already violated that law? That makes no sense at all.
JBI has been assessed a civil penalty which can be viewed by interested parties as either meager or steep. For a company that can only muster a 3 digit quarterly gross profit on its primary product line it's staggering.
^ The litigation costs would have far exceeded this "staggering" fine you speak of. Ask any major SEC litigation defense firm in the Boston area (i.e., in the jurisdiction where this was pending), and I am confident you will be told the same.
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