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Biotech / Medical : Apria Healthcare forum
AHG 1.633+2.7%Oct 30 1:28 PM EDT

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To: Mike Farrar who wrote (31)3/5/1998 10:48:00 PM
From: Tony van Werkhooven  Read Replies (1) of 52
 
Jeff- what to do? Join the lawsuit and participate in a rape by the lawyers of the company or stand by and watch other do it?

Frankly, I don't have any disagreement with the basic premise that there was significant level of incompetence on the part of management and the fact that management was not forthright.

The problem with all these suits is that it significantly distracts management from fixing the company, legal costs become a drain on current earnings (if any), and the ultimate settlement goes primarily to feed the damn lawyers.

Now I feel better.

By the way, I had been approached previously by a bird dog for a law firm, to see if I was unhappy enough to be one of the early participants in a lawsuit. Guess they found enough bodies.

Tony
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