Jone Fenge saiz:
"I am doing the paper work that the lawyer sent to me yesterday for the suit against IOMEGA. I bought 5000sh during the class period and lost big $$. The lawyer said that I could get at least half of the lose back."
I don't know what country you come from nor do I care, but I have news for you. When you file a lawsuit, especially, class action, the lawyers get 80% of the pot and their clients get coupons for a couple of bucks off their next purchase of a product from the company that they just sued.
If you don't believe me, here's a good example. Lawyers took GM to court in a class action for the side saddled gas tanks in certain GM trucks. Now keep in mind that these vehicles prices start at least 18,000+ and go upwards depending on what you want on them.
When the suit was settled, clients recieved a coupon for a $100 off on their next purchase of a GM vehicle. Don't believe me, look it up. Many companies settle out of court not in admission to guilt, however, to limit the fees the blood suckers charge and carryon with their business.
If you think you'll get half of what you lost, then cRocky ( a famed investor on this thread,) has a bridge to sell you near where he lives.
One more thing, what was your reason for investing 5,000 shares in IOM? Sounds to me that you needs your diappers changed more than anything. Your post was really sentimental, tears were coming down my eye when I was done reading it.
Zead |
