- Feb 25, 2021
- 1,133
- Tinnitus Since
- 01/2020
- Cause of Tinnitus
- Noise
The biggest problem, the way I see it, is they kept tweeting half ass positive shit for about a month while sitting on the bad results!Agreed that it won't be much, but they will still have to do it at a certain point. It just eats into the money the company has for trials, employees, etc. Frivolous lawsuits happen all the time. They won't be able to recover those costs though unless they can prove the lawyers had no case. Usually both sides agree to just let it go. The court cases could still go far even without a good case and once it gets to that point it will cost money on both sides. One user did mention that there were some big stock sales before the information went public so they could be looking into that as well.
And the stock price dived from $60 to $45 in that period without any specific news!
Hard to prove anything but very clearly some people selling down knew stuff...