Mr. Trimarchi: Speaking for myself, I am not concerned at all about the lawsuit. It has happened before, it will probably happen again, as long as it is profitable. In the worst case, they will settle for some paltry sum, just short of the cost of going to court. Of course, some may disagree, (and some will short the stock based on this lawsuit!) but, that's OK.
1. If they really want shares, buy them like the rest of us and take the risk. No risk, no reward. Too bad.
2. Hind sight is 20/20. Can't turn back the clock, and no one should be allowed to. Are they special? Will the court see it this way? Yes.
3. If the stock went in the toilet, would they sue to pay you and me (shareholders) for our losses?
I'm sure the local press will make something of this like the last time. Q will send the packing, in their diplomatic way of course.
Do I sound harsh, cold, and callous? Yes. If you really wanted options when you're hired, and feel you're entitled, then get them, or buy them with the 401K. Too late? Sorry. Yes, this will upset many here. Am I throwing fuel on the fire? Just a dropper full. Not trying too hard.
Bottom line, regret sucks. But a lawsuit won't make it go away.
Q rocks, just a matter of time... |
