SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Allaire
ALLR 1.155+4.1%Nov 7 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Siegal who wrote (398)9/26/2000 5:15:13 PM
From: Bosco  Read Replies (1) of 612
 
Hi Alan - besides limited liability for incorporating an entity, it is really about $ [duh, I am stating the obvious here :)!] there is the deep pocket theory. It is not a matter of who is wronged but who can pay. Of course, most of these don't see the day in court b/c they got settled out-of-court with insurance companies footing the bills Everyone figures this kind of r*pe is the cost of doing business, but is it really? [hint: from whom the insurance cos are supposed to recoup their expenses?!] The only company I heard of fighting a court case [not even a class action] is Forester Lab., who got sued for some product liability suit it wasn't even involved [stranger things can happen!] but cheaper to settle. The CEO got p*ssed and fought like a junkyard dog --- and won. Others simply don't have the time and prefer to focus their energy in doing business.

That said, does ALLR deserve to be sued is another matter.

best, Bosco
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News