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InterMune, AŞ Message Board

  • mershaw2001 mershaw2001 Jul 25, 2013 8:36 PM Flag

    Lawsuit again sac capital

    In 2010, sac was doing some insider trading in ITMN. I am wondering if anyone here has thoughts on whether it's possible to get a class action lawsuit against sac capital for this sort of thing. I would imagine more and more information will come out about what happened as they go through the SAC books, which might make a class action easier. I'm not exactly sure what the basis of the suit would be, but you can see that there are now suits against the banks for manipulating Libor by people who were affected, so perhaps a court would be sympathetic to that?

 
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