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Old 11-09-2005, 05:22 PM
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Default lawsuit against psa for 10.5 million awarded to........

Posted By: WP

I agree with the above posts with regard to PSA not going under as a result of this judgement. The real problem as I see it is IF this lawsuit was not disclosed by PSA at the time of the second public offering. That could lead to fines and a potential class action lawsuit which under the right circumstances could bankrupt the company,

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