I have seen alot of frivolous lawsuits over the years but these latest against ISR rise to a new level. Did any one notice the last one purports to have a class limited to 24 hr buy period - r u kidding - that is laughable (so if a stock doesnt go up every minute you sue?); it also is solely based on the street hit piece that is equally baseless. These cases smell like malicious prosecution.
AT&T, which is looking to acquire DirectTV for $67 billion including assumption of debt, also pays off Sharpton for racial cover, Allen said.
“I find it outstanding that AT&T is the biggest sponsor of Sharpton’s 60th birthday party,” Allen said. “AT&T spent more money on Al Sharpton’s birthday party than they have on 100 percent African-American owned media combined. [Sharpton] should return the money because AT&T doesn’t even celebrate Martin Luther King Day as a national holiday. The employees there take it as a sick day.”