Hi Everyone,
My sharp friend in Silicon Valley who is an atty. who DEFENDS companies who have been sued for defrauding investors advised me (and I hope us) to do the following:
Contact these law firms who specialize in securities fraud for the plaintiffs'(us) side:
Robbins Umeda & Fink, LLP
610 West Ash St., Ste. 1800
San Diego, CA 92101
619-525-3990, fax 619-525-3991
William S. Lerach
Lerach, Coughlin, Stoia, Geller, Rudman & Robbins
401 B. St.. Ste. 1700
San Diego, CA 92101
619-231-1058
Who out there has time to do this legwork and keep us posted?
She said the law firms go after the insurance coverage that all corporations have to protect/defend themselves against fraud. Like Lynda said, it doesn't cost us anything. My lawyer friend thinks we have a small chance to get something back,depending on the amount of MotionDNA's insurance coverage. Also, she said if there were untruthful press releases about patents, etc., that's definitely fraud, and that an atty would be ''thrilled'' to get the case. She said there's no way of getting money back through the SEC, that suing is the way to go.
