Comments on: How to avoid a securities class action http://blogs.reuters.com/david-cay-johnston/2012/02/11/how-to-avoid-a-securities-class-action/ Sat, 23 Mar 2013 13:49:31 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: hyperlux http://blogs.reuters.com/david-cay-johnston/2012/02/11/how-to-avoid-a-securities-class-action/#comment-1116 hyperlux Wed, 15 Feb 2012 19:06:29 +0000 http://blogs.reuters.com/david-cay-johnston/?p=300#comment-1116 I would think that sales hype would be excluded from lawsuits - but the point about stock dumps from insiders is key. If that in fact was determined to have occurred, then employees of that company who sold stocks should be sued for insider trading. And news of that lawsuit should help to further drive down the company's reputation as a dodgy dealer, and cause their shares to plummet even more. Of course, even the threat of total liquidation isn't enough to stop really persistent wheelers from dealing dirty. Viz Lehman, AIG, Madoff and other common criminals. I would think that sales hype would be excluded from lawsuits – but the point about stock dumps from insiders is key. If that in fact was determined to have occurred, then employees of that company who sold stocks should be sued for insider trading.

And news of that lawsuit should help to further drive down the company’s reputation as a dodgy dealer, and cause their shares to plummet even more.

Of course, even the threat of total liquidation isn’t enough to stop really persistent wheelers from dealing dirty. Viz Lehman, AIG, Madoff and other common criminals.

]]> By: bloggerswamp http://blogs.reuters.com/david-cay-johnston/2012/02/11/how-to-avoid-a-securities-class-action/#comment-1111 bloggerswamp Mon, 13 Feb 2012 19:05:10 +0000 http://blogs.reuters.com/david-cay-johnston/?p=300#comment-1111 The Chamber of Commerce shouldn't be trusted. Here in Canada they rig political forums to steal elections. At the latest forum they asked "should Corporate voting be reinstated" http://www.youtube.com/watch?v=GoWNdF_kUCA1 (2min 2Sec) video from the event. 3 of the 4 elected councilors thought it was a good idea. The local newspaper didn't report on this question. The Chamber of Commerce shouldn’t be trusted. Here in Canada they rig political forums to steal elections. At the latest forum they asked “should Corporate voting be reinstated”

http://www.youtube.com/watch?v=GoWNdF_kU CA1 (2min 2Sec) video from the event.

3 of the 4 elected councilors thought it was a good idea.
The local newspaper didn’t report on this question.

]]>