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  4. Imunon, Inc. (IMNN) Message Board

These ambulance chaser lawsuits always happen ever

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Post# of 573
Posted On: 01/31/2013 8:49:33 PM
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Posted By: Drano
Re: bunny #516

These ambulance chaser lawsuits always happen every time a company has bad results. What happens is the law firm gets a big payoff for "legal fees" because it's cheaper for the company to settle than it is to fight it, the company makes a donation to charity or something like that, and the shareholders get nothing. It's sickening that the legal system allows this. This is a "nusiance suit" and there are probably going to be other amublance chasers jumping on the running boards.


It is going to be mighty difficult to prove that the management is guilty of anything other than over-optimism, which led them to skip phase 2, and not have a long enough initial test period. It is entirely possible that CLSN's stuff DOES increase survival over longer periods of time by preventing metastases -- but we don't know because they didn't let the study run long enough, and because they didn't do the phase 2 which might have helped them design a better phase 3.


So they're incompetent, but if incompetence were a crime, we'd all be in jail for at least misdemeanors every now and then.


I think the technology does have some value.



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