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Old 06-12-2019, 09:50 AM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Join Date: Apr 2009
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Quote:
Originally Posted by CuriousGeorge View Post
Now I understand what you meant. And as for where the stock goes I guess it depends on how much liability and litigation comes out of this. Probably tough to tell now but I know if I thought I had an affected card I would not let them get away without honoring their guarantee.
We'll see. Companies are very adept at settling lawsuits cheaply enough not to impact the stock price, particularly with plaintiffs' lawyers who want a payday more than anything and settle for pennies on the dollar. Most litigation I do on the defense side, if we don't win at the motion stage, ends up this way.
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