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Biotech / Medical : Vivus: into single digits

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To: Herm who wrote (437)5/19/1998 12:50:00 AM
From: VLAD  Read Replies (1) of 1016
 
Herm,

I just looked thru my mail and see what I think you are talking about.

IT IS NOT A LAWSUIT AGAINST VIVUS!

It is a lawsuit against most market makers on the NASDAQ for fixing spreads since 1994. The suit claims the market makers kept the spread at 1/4's so they could rip off the small investor for 1/8's.
The suit is for $1,027,000,000.

How you ever got Vivus's name involved I know not but this would be a pretty wrong rumor to star spreading.

Reread the booklet and tell if we are reading the same thing.
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