Results 1 to 3 of 3
  1. KAPS's Avatar
    Posts
    181 Posts
    Global Posts
    226 Global Posts
       #1  
    RIM is sinking and that too fast.
    Good for HP to capture the Enterprise market.

    RIM under investigation for possible securities law violations

    Atlanta, Georgia based law firm Holzer Holzer & Fistel, LLC announced on Monday that it has launched an investigation into possible federal securities law violations made by cell phone maker Research In Motion. The firm claims that its investigation will focus on whether a series of statements made between December 2010 and April 2011 were intentionally false and misleading. The statements in question dealt with problems associated with RIMís aging product line that were negatively impacting the companyís business, the firm said in a press release. In March of this year, Holzer Holzer & Fistel, LLC launched a similar investigation into Palm surrounding statements the company made before it was acquired by HP.
  2. ahitz's Avatar
    Posts
    412 Posts
    Global Posts
    418 Global Posts
    #2  
    Basically any time a significant stock gets crushed like PALM and RIMM, some law firm will try and make a buck by finding that the companied misled shareholders and now owe them all tons of money.

    Really, any time anything bad happens to anyone, there will be lawyers there to investigate who should get paid, so they can get their cut. Sometimes they are right, but the fact that lawyers have "launched an investigation" means absolutely nothing.
  3. #3  
    As long as it's not the government, I wouldn't worry either. I'd say if it was the Feds, then you worry.
    HP has officially ruined it's own platform and kicked webOS loyalists and early TouchPad adopters to the curb. You think after you drop it like a hot potato and mention it made no money and is costing you money, anyone else wants it??? Way to go HP!!

    And some people are fools to keep believing their hype. HP has shown they will throw webOS under the bus and people are still having faith in them??? News flash: if it's own company won't stand behind it, it's finished!

Posting Permissions