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SunTrust Banks, Inc. Message Board

bbandassoc 3 posts  |  Last Activity: Nov 6, 2015 7:28 AM Member since: May 31, 2011
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  • Reply to

    VRX is finished.

    by geomer413 Nov 6, 2015 5:46 AM
    bbandassoc bbandassoc Nov 6, 2015 7:28 AM Flag

    Having come from the industry, I don't see how this is worse than when others have gotten caught massively selling products off-label. Selling off-label is illegal. It leads to customers not using the products in question anymore off-label, investigations, fines, management changes at times, stock drops associated with class action suits, etc. But, in the end, the headlines pass and the companies get back on track with little impact on the overall future of the business or their mid-term valuations.

  • Why? AAPL can more cheaply develop this stuff themselves? They don't need to acquire them. They made a mistake acquiring Beats, but $3B wasn't a big enough mistake to make a difference.

  • bbandassoc by bbandassoc Sep 10, 2015 6:24 PM Flag

    It's absolutely ridiculous that every time a stock drops, these ambulance chasing attorneys troll for plaintiffs in hopes of becoming the lead in a lawsuit that they never intend to pursue beyond a settlement for their legal fees. It's a farce of a system, but unfortunately, laws in America are made by lawyers just as accounting rules are made by accountants; all with the express purpose to make them money and little, if any, eye towards improving corporate governance.

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