olddog
The higher ups will have more worries than a class action suit if "no trigger" is the ruling. The public announcements followed by significant insider sales at the top price will not be looked upon favorably by the regulatory authorities. This is why I believe the trigger issue is a no brainer. IDCC would have settled by now if a remote possibility exists that SNE is not a trigger. Even Nok has stated that they made offers of settlement in their SEC filings that were rejected by IDCC.
IDCC told shareholder after shareholder that the Nok matters were confidential for over four years as they called with questions. Suddenly, to the surprise of many posters on this board, IDCC comes out from behind the confidentiality curtain and puts Nok and Samsung business on the Street with a PR and a CC in March 2003. The matter later winds up in arbitration and IDCC still has not filed an SEC filing with the actual license attached. This is further evidence that SNE is clearly a trigger. If not, the higher ups are playing a hell of a game of Russian Roulette.
MO
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