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Central European Distribution Corp. Message Board

  • tpmag0123 tpmag0123 Feb 18, 2013 9:40 AM Flag

    Duty of care

    Duty of care is a legal obligation imposed on an individual requiring that they adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.I would think that shareholders have a great case to sue management with recent moves made within the company under duty of care.

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    • actually shareholder should take the loss here and move on instead of wasting their time with endless and in 99 out 100 cases unsuccessful legal proceedings - everyone had plenty of time to get rid of the stock at much higher prices and every investor is also capable of setting a stop loss limit - so at first I would always blame myself for bad investment decisions.