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thefranchise

09/10/08 10:10 AM

#12862 RE: ronpopeil #12861

I really don't think it will make it to trial. I see them offering a settlement either shortly before everything has to be turned over, or shortly after. I wonder if any of the funds that own PXD even realize what's going on in this lawsuit.
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BRIG_88

09/10/08 10:15 AM

#12863 RE: ronpopeil #12861

i know....i have seen this before....IBM lost a lawsuit by employees who got screwed on the conversion of the pension plan from a defined plan to a cash plan.....900 million dollars awarded....IBM appealed...and appealed...and appealed....until they got it in front of a judge that dismissed it for them....imagine that?.....if this lawsuit is in the bag and a slam dunk winner you wouldn't be trading at .32 .....anyway my point is it's a pure gable...the lawsuit may have merit and be 100% right and still get defeated in our crooked courts.....BRIG
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saigai

09/10/08 10:20 AM

#12864 RE: ronpopeil #12861

he is trying to buy the bid. belly up and pay retail brig