Why are the #$%$ lawyers still trolling for a plaintif?
I read this..if there is no SEC violation how can they be continuing this? SHAREHOLDER ALERT: Brower Piven Encourages Investors With Losses Over $100,000 in Prospect Capital Corporation to Contact the Firm Before the Lead Plaintiff Deadline in Class Action Lawsuit -- PSECGlobeNewswire(Fri, Jun 13)
So why don't you write to one of those trolls and tell them they are barking up the wrong tree? I did just that a few weeks ago and threw in a few backdoor lawyer insults and challenges to their manhood while I was at it. I hate lawyers, including Barry, but Barry's my lawyer for now and they've got nothing on him or the PSEC team.
Info as to all the risks and even the stupid deals are readily accessible in the published financial reports and just because the mindless front man mouthpiece Greer Aliasack constantly puts lipstick on the pig with his PowerPoint presentations and endless e-mails to shareholders doesn't mean they committed any actionable offense. Read the financials, monitor their results, ask questions and make your decisions - but don't complain about the GD lawyers unless you are willing to step up and address your complaints to them directly.
Remember that tort lawyers are close in species to the reptiles. Their brains are small but their appetites are voracious. When and where they strike is irrelevant. From PSEC standpoint, it would appear that $10.36 is the price associated with the accounting issue. Today's price can arguably be linked to the bankruptcy. I am surprised that the reptile community is not jumping on the bankruptcy as a violation of good fiduciary responsibility and lack of DD.
There appears to be several lawsuits filed with lead plaintiffs attached. Whether that means anything or not is yet to be determined.