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Biotech / Medical : VISX -- Ignore unavailable to you. Want to Upgrade?


To: Mikeh who wrote (1696)3/1/2000 11:17:00 AM
From: Wayne  Respond to of 1754
 
Its just an exercise by corrupt lawyers. No one will benefit except the attorneys. Pennies on the dollar to the shareholders. Millions to the lawyers and harm to the company.



To: Mikeh who wrote (1696)3/1/2000 3:47:00 PM
From: nihil  Read Replies (1) | Respond to of 1754
 
They are nearly always ways of transferring money from the company to the plaintiff's lawyers. They are usually settled, with the stockholders get little or nothing and their lawyers cleaning up. Even if the suit wins big, the corporation will be bed of capital and the stockholders end up very little ahead. There is also the possibility in this case that the licensees (centers and physicians) might sue for abuse of patent and price-fixing.