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*POTENTIAL* MJ Stock/Shareholders' Class Action Lawsuit

 
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SteveHC
Dan isn't smart enough to hire me


Joined: 26 Dec 2011
Posts: 498
Location: Southwest Florida

PostPosted: Mon Jan 14, 2013 8:30 pm    Post subject: *POTENTIAL* MJ Stock/Shareholders' Class Action Lawsuit Reply with quote

See link below for details. This is only applicable to MJ stock/shareholders; note that it's a PRNewswire release and NOT a general news release - and is even actually LABELED as "Attorney Advertising" (i.e. corporate ambulance-chasing; may or may not be legit, may or may not be of any consequence whatsoever):

http://www.dailymarkets.com/stock/2013/01/14/bronstein-gewirtz-grossman-llc-announces-investigation-of-magicjack-vocaltec-ltd/
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PostPosted: Mon Jan 14, 2013 8:30 pm    Post subject: Magicjack support, tips, tricks, and hacks

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cell14
Dan Should Pay Me


Joined: 23 May 2009
Posts: 673
Location: South FL

PostPosted: Wed Jan 16, 2013 3:23 pm    Post subject: Reply with quote

Yes, it is ambulance chasing but fully legit.Whether or not any action will follow is a different thing. I hope it will.
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SteveHC
Dan isn't smart enough to hire me


Joined: 26 Dec 2011
Posts: 498
Location: Southwest Florida

PostPosted: Wed Jan 16, 2013 5:38 pm    Post subject: Reply with quote

cell14 wrote:
Yes, it is ambulance chasing but fully legit.Whether or not any action will follow is a different thing. I hope it will.


Most of the time, these kinds of things seem to go nowhere.
Most all investors know that the value of very small-cap stocks such as CALL - especially those that don't normally trade in very high volume on a daily basis - are VERY easily manipulated by company insiders, stock traders, stock hawkers, etc., and know the risks inherent in buying and/or shorting them (years ago they used to be called "penny" or "pink sheet" stocks).

Very rarely do such things, in and of themselves, result in a company simply going out of business. In MJ's case it is much more likely, *I* think, that it will *eventually* be sold or otherwise acquired by somebody else or some other corporate entity.

Regardless, it's all pretty much inconsequential to/for MJ consumers - at least for the foreseeable future.
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SteveHC
Dan isn't smart enough to hire me


Joined: 26 Dec 2011
Posts: 498
Location: Southwest Florida

PostPosted: Sat Jan 19, 2013 3:37 am    Post subject: This topic/thread is now obsolete Reply with quote

See new News topic re: shareholders' class action filed in New York for more accurate and up-to-date info.
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