Microsoft Drags Feet with Settlement Claims
An anonymous reader writes "Microsoft is holding up compensation claims from a quarter of million Californians in order to punish Lindows.com, and to coerce the class action plaintiffs 'into siding with Microsoft against its Lindows competitor,' according to a court filing seen by The Register. The document, filed on 21st November by Townsend and Townsend and Crew, lead counsel for the Californian class action consumers, points out that none of the claims being held up was actually filed via Lindows.com, yet Microsoft has held them 'hostage' for over two months."
I've seen a few posts speculating that MS may be trying to put off paying out untill next quarter in order to make profits look better, but is it possible that they are just keeping that cash in a high interest account or some other high growth thing for as long as possible to recoup some of the lost mony by collecting interest?
I'm in now way an accountant, but it seems to me that this might be a way to gain back some of those losses.
On a side note, there have been a few posts about how $1billion is not much to MS, but really I think that although it might be a much smaller percent of their overal value than any other company, that $1billion is still a fair loss in the sence that it could have been used to generate some ammount >$1billion which is not chump change even to MS
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