Posted By:
Todd (nolemmings)but I doubt this particular case will affect PSA's borrowing position, for their exposure is relatively small even if found liable (I seriously doubt, at least at this point, that any intentional tort can be proved that would implicate punitive damages).
Keep in mind, a lawsuit would enable Dan to take discovery into exactly what measures PSA has in place, as well as whether/how/why those measures may have changed over time. From a purely selfish standpoint, I for one would like to know what those measures are. Similarly, discovery would teach Dan, if not the rest of us, the nature and frequency of employee problems.
I agree with Warshawlaw and MW that a lawsuit may not be a bad idea, and I am hopeful that, however this turns out, PSA will take steps at its end to reduce the chances of it happening again.