InvestorsHub Logo
Followers 2
Posts 1006
Boards Moderated 0
Alias Born 10/09/2003

Re: lmorovan post# 8352

Friday, 02/10/2006 3:43:57 PM

Friday, February 10, 2006 3:43:57 PM

Post# of 45771
lmorovan:

The court has ruled on the dissolment of Loch Harris.

"Loch will be dissolved promptly after the share exchange pursuant to the judicial reorganization / sale, so the individual defendants will necessarily cease the activities that plaintiffs alleged constituted a continuing breach of fiduciary duty and waste. A liquidator will be appointed to dispose of the company's remaining property, with the potential of a final distribution to the former shareholders who participated in the share exchange and class members who opted out."

You are so out to lunch, but then again, is that surprise.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.