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Pastimes : Investment Chat Board Lawsuits

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To: rrufff who wrote (7288)2/12/2005 8:35:12 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 12465
 
pro bono nutcases like Zwebner can clog up the system.

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"This whole Internet thing, let me tell you, it's been a major distraction. It's been extremely painful. It's been expensive. I can tell you that over five or six years it's probably cost me one way or another about a half-million dollars in legal fees and court fees and all this aggravation. It's definitely cost me business, that I know for a fact." Message 21037606
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Given the "one way or another" qualifier, it's doubtful the half-million dollar estimate represented his actual attorney cash outlay. My guess is that it has been substantially less than that, although certainly not without reasonable monetary cost, likely mostly footed by the shareholders which is the real issue.

- Jeff
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