InvestorsHub Logo
icon url

speedbump

02/17/06 8:30 AM

#617 RE: ultimatepick #615

If you read a little further the judge said basically there would be no discovery among plaintiffs in such matters. I would think the defendants will do so though, and if Columbus did short sale it will be disqualified down the road. Of course, my thinking is that there will be a settlement made before any discovery is had, and the lead plaintiff will get it accepted by saying this is all there is to get, etc. Remember Columbus owns 7.5% of whai and it appears to have preplanned being the lead plaintiff acquiring a lot of its shares in august. A settlement will prevent us from ever really knowing everyone's involvement in the collapse.