Quote:
Originally posted by Far-L
I like how they told their shareholders today that they are not facing any lawsuits...
They must have forgotten all our cases and the countersuit we hit them with... wonder what the SEC would think about that kind of omission in reports to their shareholders...
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I was thinking that too. I believe the correct term is "disclosure"
If Acacia stock drops from now on, the shareholders could sue for not properly disclosing all information related to the business, and deceiving shareholders into believing there was no ongoing litigation or any perceived future litigation.