Quote:
Originally Posted by sebastian_dangerfield
This could crush plaintiffs’ firms that don’t have huge reserves. Delay on all files at once = Death. Every defendant will delay like crazy based on inability to do deps, meetings, etc.
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Yes, but they're being handed a bunch of new cases.
You have people like the Roche Americas CEO standing up next to Trump as he tells Americans they'll have 1.4 million tests out this week and 5 million within a month, and Roche's stock going up 13% on the news.
Now, all the Roche guy said when he was up there was that they hoped to have hundreds of thousands of test out "soon", rather than the 1.4 million this week and 5 million this month, but he didn't explicitly correct Trump (the way Google did when he misrepresented the web site they are working on).
If I'm a plaintiff's attorney, I target every one of those companies that were in on that press conference. I'm betting they all have stock that spikes on the news and then drops when reality hits. Big Money.
