They are still searching for a lead plaintiff - Oct 21 is the deadline. None identified yet. It would take a long time to get to court and if the stock price goes back to $1 in the mean time (if they show progress), the lawsuits will be thrown out. Write downs are not uncommon, even among blue chips, and they had no control over the Greek and Cypriot economies collapsing. They understood that it could be an issue and moved away from those markets by 1Q13. Frankly, this is the least of my concerns. My main concern is them showing improvement in free cash flow with the expense reductions and gaining new customers in the Americas, Asia and Europe.
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