From the information available on PACER, the other competing plaintiff has voluntarily withdrawn his application to allow the Plaintiff Group put in place by Rosen Lawfirm to consolidate as the unopposed Lead Plaintiff for this Case. So the question is no longer whether our Group would be appointed Lead Plaintiff, rather when the Judge would issue the order approving it so that the actual discovery process would start. The legal process is going too slow but Justice would be served. The Case can also be amended in the future if required to include fraud which would result in lengthy prison terms for those found guilty.
"Posted by EOIM2012 @ his blog"
A copy of this conference call is now available on Bloomberg and PACER ($10 a page) has anyone checked this out yet? I am interested to see what the tone of the call was but dont really feel that 20-30 bucks is worth droping on such an early meeting in the lawsuit proccess relative to the small position i have.
February 17, 2013
A scheduling conference was held on Feb 14, 2013 and we are all waiting for the outcome of that conference which might potentially include the appointment of Lead Plaintiff. On January 9, the Judge issued an order to consolidate the Cases and I believe our Lead Plaintiff Group is still on the top race of being appointed Lead Plaintiff.
This lawsuit likely is malicious in intent
and should not only be summarily dismissed
but entail stiff sanctions against
Plaintiff, counsel, and secret sponsors.
Filing malicious lawsuits by interests involved
in manipulating stocks' prices is a continually
recurring problem for companies and courts.
The collateral damage done is often enormous,
so the perpetrators should be severely punished
as a future deterrent!