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Posted
That's a suit no one would win.

 

 

Agreed .. even the authors of the study said there is a "large margin of error" in their results. The point they were trying to make was that high profile product sponsors can have negative as well as positive impact - like that is news.

Posted
Agreed .. even the authors of the study said there is a "large margin of error" in their results. The point they were trying to make was that high profile product sponsors can have negative as well as positive impact - like that is news.

 

There are lots of things that can have negative impacts on investing. Unless outright fraud was committed in regard to your investments you'll never win a law suit in regard to market loss. **** happens.

Posted
There are lots of things that can have negative impacts on investing. Unless outright fraud was committed in regard to your investments you'll never win a law suit in regard to market loss. **** happens.

 

 

No argument but I would assume the authors of the study statistically eliminated or reduced other factors as best as they could. With that said, some idiot lawyer will likey attempt a suit. Throw :thumbsup: at a wall and sometimes you get a "go away" settlement out of it.

Posted
No argument but I would assume the authors of the study statistically eliminated or reduced other factors as best as they could. With that said, some idiot lawyer will likey attempt a suit. Throw :censored: at a wall and sometimes you get a "go away" settlement out of it.

 

And that is what's wrong with our legal system. And I really don't think there are any lawyers that are going to sue someone for maket loss.

Posted
And that is what's wrong with our legal system. And I really don't think there are any lawyers that are going to sue someone for maket loss.

 

 

However, (not my position here - just sayin) arguably this situation does not represent a market loss.

Posted
However, (not my position here - just sayin) arguably this situation does not represent a market loss.

 

Would you consider a stock price dropping due to the company's CEO getting arrested for drugs a market loss or a risk of investing?

Posted
Would you consider a stock price dropping due to the company's CEO getting arrested for drugs a market loss or a risk of investing?

 

 

If you are asking me personally I would say risk of investing.

Posted
If you are asking me personally I would say risk of investing.

 

 

I would also add that your scenario or the Tiger Woods one should not have lasting effect if the company is a sound investment outside this isolated issue. If anything the drug taking CEO situation may represent a buy opportunity in an otherwise sound company and in a sound market.

Posted
Then why is this case any different?

 

 

From my perspective it is not - perhaps the disconnect is that I said some lawyer (not me) may look at it differently in the pursuit of easy settlement money.

Posted
From my perspective it is not - perhaps the disconnect is that I said some lawyer (not me) may look at it differently in the pursuit of easy settlement money.

 

I'm just not sure how many lawyers would even take that type of case. And it's not easy money, you invest and there are many risks involved and it's very much buyer beware and I would hope any lawyer knows that. And if any case like that were brought up I don't think anyone in their right mind would settle. Instead they would be told to pound sand.

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