Replies to post #28641 on Wave Systems Corp. (fka WAVXQ)

[SPIN]

Mig - try reading NY Times...

if DJ/Reuters reporting was the manifestation of "actual malice" then maybe there would be a cognizable claim.

why didn't wave sue Barron's?

or Smart Money?

or New York Times?

the answer is in that Brennan opinion.

you are grasping at straws.

[awk]

Mig

A counter suit could may be filed on behalf of the company and current share holders as the suit makes factually wrong statements (i.e citing "Wave PR" that were actually made by DJ/Reuters).

And therefore one could entertain the thought that the law suits represent a misuse of the judicial system and hereby putting the company and current share holders in a materially disadvantaged position.

After all it is the sloppy preparation of these law suits that is going to cost all parties involved some money.

I sure hope that, at least, Wave will counter sue for legal expenses.

But I am not a "lawyer"...

[november 4th]

Mig...Of course I'm not saying sue the law firms, they are acting on behalf of their clients. But they may not be too eager to be engaged in offense and defense contingent law suits for the same clients. Was just looking for another opinion to shrinky's idea. And thank you for yours!

Also, we will only here an unfavorable SEC ruling. Unfortunately, otherwise the SEC just drop it, and don't say anything to anyone.

(See my posted reply from the SEC yesterday morning regarding this)