How exactly did I prove I can't face the problem? You wrote some idiotic comment as usual and I stated that you were a crybaby. I've seen the lawsuits come in and I'm not overly worried after further due diligence. Go elsewhere with your garbage nonsense, If i want to hear baby's cry I'll go to the local pre-school.
then you should sell and leave....I've never seen a "long" who continues to trash a stock literally every day. Short it, exit your position, or do whatever....just stop acting like a crybaby on here.
I never said they cover any and everything, but nice try at putting words in my mouth. While nobody can say with 100% certainty that this is a covered claim (unless you have their insurance policy to review), these are the exact types of claims that D&O policies are meant to cover.....thus it's highly probably that szym will face $0 financial exposure to thsee claims.
you clearly have little to no knowledge of what a D&O policy is intended for or how it reacts. Would not be surprised if you're googling to figure out what D&O insurance even is.
highly suspicious that these class action claims are just now trickling in and all at once. These suits would've made much more sense earlier in the year not long after JW announced the change of direction and the stock plummeted. Potential future equity raise is a legitimate concern but I think we head higher from here and this is a manipulation effort. Speculation of course but I've seen these games played before. BOL.
while glassdoor can maybe shed a little light into employee morale....the very limited number of reviews means we should take them with a grain of salt. I have personally only left a review on glassdoor when I didn't like my employer. I assume most others are the same in that you're much more likely to leave a review if you really dislike an employer than if you really enjoyed working with an employer.
that's because anytime there's a decent stock drop...lawfirm come out of the woodwork looking for securities claims. There are legitimate scenarios for securities claims and then there are the leeches who bring securities suits everytime a stock has sizable drops. Very bizarre that they are bringing the suits now as opposed to when JW said they were compeltely re-hauling their strategy and the stock was in the 2's. This may be a buying opp if anything as something fishy behind the scenes appears to be going on.
correct as long as they don't exhaust their insurance limit (whatever it is)...although I would think they have more than enough coverage for something like this.
insurance will provide coverage regardless if it's duty or non-duty to defend. Insurance still provides the coverage it's just a matter of whether solazyme will chose the defense or the insurance company will.