Barb (if I may use that name)
Following is from SOLV 5/14/97 10q
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The Company brought an action, SOLV-EX CORPORATION V. QUILLEN, QUILCAP CORPORATION, ZWEIG, ZWEIG ADVISORS, WEIR JONES ENGINEERING CONSULTANTS, LTD.,Cause # 96-6057(JSR), United States District Court, Southern District of New York, on August 9, 1996. The Company's complaint alleges, among other things, defendants breach of Confidentiality Agreements, interference with prospective economic advantage, fraud, breach of trust and unjust enrichment, and defendants used information gained from the Company to damage the Company and further their own short selling schemes. Damages in excess of $12,000,000 are sought. The action is in the early stages of discovery and the Company is unable to predict the outcome of the litigation, except that to date discovery has supported the company's position concerning the conduct of defendants.
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If you are not familiar with this than you should not be predicting prices.
jjb |
