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.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Greg Keeler who wrote (47440)2/10/1998 2:11:00 PM
From: Alan Rosen  Respond to of 58324
 
Isn't the name of the game in a class action suit to sign up as many claimants as possible? If there are not enough people involved than it is not worthwhile for the lawyers to proceed. The ultimate size of the judgement or settlement will be determined by the size of the loss. Remember from the attorney's point of view it is all about receiving a significant percentage of the award.

So if we forget about this and most of the other IOM shareholders forget about it, no suit. The bad news is .... damage already done today in a strong market.

archcc