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Thursday, June 06, 2013 3:53:50 PM
As another poster pointed out and the beneficial ownership filing indicates, Ed personally benefitted significantly by taking a large number of post r/s shares and no golden parachute . As a CEO, he has certain duties to look out for shareholders. I'm sure that he has some kind of answer for how this benefits shareholders, but if it turns out not to hold water, I expect he will find himself on the wrong side of a derivative action that isn't just limited to the event, but going back as far as any applicable statute of limitations allows. Ed is, or at least was an attorney. I'm sure that he is well aware of his professional and ethical obligations. If not, I'm guessing the are more than a few shareholders who are more than willing to point them out.
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