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New lawsuit for Jobs:Apple
Posted by: samintx
Date: July 02, 2008 02:45PM
[finance.yahoo.com]

Other than people are not going to keep stock over a long weekend could this be the reason Apple stock is so spastic?
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Re: New lawsuit for Jobs:Apple
Posted by: Black Landlord
Date: July 02, 2008 03:10PM
Link.

[www.informationweek.com]
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Re: New lawsuit for Jobs:Apple
Posted by: deckeda
Date: July 02, 2008 03:58PM
And the money quote:

Quote

According to InformationWeek, Vogel and Mahoney claim that the disclosure chopped $7 billion worth of shareholder value from Apple's stock in the two weeks following the June 2006 disclosure that the company had discovered backdating in its past. Their problem, however, is that Apple's stock has basically tripled since then, as the company has continued to sell gobs of Macs, iPods, and, more recently, iPhones.

So, they are suing because of sour grapes?
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