Posted On: 04/10/2014 10:39:44 PM
Post# of 56323
Re: buydontborrow #13380
Well here's how it works. Management (Directors and Officers) have professional liability insurance that is in place in case shareholders litigate due to a plethora of violations. SEC violation provides legal justification for shareholders to collect from insurance, so then the lawyers hop in. It isn't really Growlife v. Rosen, it's 5+ insurance company's v. Rosen. Good luck Rosen...
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