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Mamma.com

In the news again... lawsuit

         

FridayNight

1:39 pm on Feb 23, 2005 (gmt 0)

10+ Year Member



Lerach Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Against Mamma.com Inc.

[biz.yahoo.com...]

Great, I wonder how will they do in the future...

EliteWeb

6:08 pm on Feb 25, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Wow this surely does not look good for Mamma.com so what does this lawsuit condem mamma of? :P

walkman

6:13 pm on Feb 25, 2005 (gmt 0)



they'll settle fo ra few $million. The depositions, lawyer $$ and discovery are a pain so they'll settle. The lawyers get 80% of it and the shareholders will get a cool $0.38 check.

FridayNight

7:17 pm on Feb 25, 2005 (gmt 0)

10+ Year Member



haha walkman, thanks. i fall into that group too, you know (those who purchased MAMA stock at that time).