Reply #44: This is a strike suit folks, it all about overhyping stock. [View All]

[Xithras]

That's what securities fraud is, it's about defrauding stockholders. Strike suits are common and the trial will revolve only around whether or not their earnings projections were knowingly inflated. Even if they lose, they'll just have to pay some damages to their stockholders and pay off the attorneys. I don't think there's ever been a company that's folded because of a strike suit.

The only other possibility is an insider trading charge, which would have the same results but which could also get them penalized by the NYSE. Again, not a big deal unless you can get the DoJ to follow it up with a criminal prosecution of the individuals involved. Now what, I ask, are the odds that our Republican dominated government is going to prosecute DIEBOLD execs?