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Old 08-06-2008, 05:46 AM
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Default Mastro Being Investigated - Article

Posted By: CoreyRS.hanus

David,

I don't think any business in any field that is being investigated by law enforcement would do what you are suggesting. Such disclosure could have a crippling impact on the company's business prospects, possibly putting them out of business. And what if in the end no indictments are issued? Or to go further the investigating agencies issue some sort of statement saying they have found no evidence of wrongdoing, and close the investigation? It might then be very difficult for the company to reclaim the business they will have lost.

Should an indictment come down, then at that point I would expect the company to issue some sort of statement.

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