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boardname5533

01/10/13 12:12 PM

#1006 RE: Novice40 #1004

I think thats a specious argument. By that logic, why would they pursue the case in the first place. Seems like anyone who would put forth such an argument is trying to mislead. More telling is what is on page 14, i think, section 3. 'Lead Counsel believes that the amount of the proposed Settlement is fair, adequate and reasonable, given the possibility that Lead Plaintiff might not prevail at trial and the substantial risk that, even if Lead Plaintiff were to prevail at trial and on any subsequent appeals, a process that might take years, it would be difficult or impossible to collect any judgment against Defendants. And even if Lead Plaintiff were to prevail and were able to collect a judgment, any damages awarded might be much smaller than those that Lead Plaintiff seeks.' Also, see 3.a 'The weight of Defendants’ arguments is underscored by the Court’s granting of Defendants’ motions to dismiss the Complaint.' I'm just saying that I got a completely different impression from reading the document.