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bodine

03/15/10 10:42 AM

#173772 RE: uzualsuzpect #173767

Where else are they going to get more funds to pay them? No one wants a long drawn out lawsuit. In most cases like this, settlements are always made. In fact in all of the approximate dozen or so securities litigation which I have been a class member of, not one has gone to trial. I know you have all this research and theoretical analysis in the ibox, but I have real world experience. Maybe we should start a pot and everyone throw in a $100. My money is on the a quick acceptance of the settlement. Look at the word "Settlement", or as I like to think of it, "Settle" for less. That's really what it means in the securities litigation world. Both sides are settling for less than they want. Beleive me, this deal will be accepted.
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steel58

03/15/10 10:49 AM

#173783 RE: uzualsuzpect #173767

Uzual -- I hate to sound negative, but I never in a million years thought an offer like that would even be considered, let alone potentially accepted by some parties. I have to say that I now believe something crooked is going on. I sure hope the judge and/or EC can help get this injustice corrected. I am not so sure that can happen, even though it seems absolutely pathetic that this could have been "approved" potentially in the first place.