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Red Hat Vs. The Lawyers

Posted by simoniker on from the bad-dudes-vs.-dragon-ninja dept.

ajs writes "On July 13, Red Hat announced that they would be re-stating their revenues for the last 3 years. This sent a shock-wave through their stock price, but early analysis seems to indicate that it's not that big a deal (the end-result is the same for a given contract, but it will be counted toward a different month). But then the really bad news hit. [Opportunistic lawyers] are taking this opportunity to punish Red Hat for reporting the change and the resulting drop in price. Red Hat is doing well, but can they weather major class action law suits without harming the business? How have other technology companies dealt with this sort of suit?"

13 of 475 comments (clear)

  1. first! by Anonymous Coward · · Score: -1, Offtopic

    yes!

  2. Ladies and Gentlemen, I present to you... by feelyoda · · Score: -1, Offtopic

    your future vice president, if you choose.

    He complains about the cost of health care, while pocketing $27 million in 4 years from lawsuits that raise insurance rates.

    I'm sure he'll be the one to back the tort reform bill which would cure the American disease of our suing culture...

    --

    Robo-Blogs of the world: UNITE!
    1. Re:Ladies and Gentlemen, I present to you... by DAldredge · · Score: 0, Offtopic

      And our current president keeps saying he is doing EVERYTHING he can to protect the USA from evil doers, well everything but protect our borders.

      Both sides lie.

  3. Explanation by oostevo · · Score: 0, Offtopic

    Just in case that doesn't make sense to anyone, you might want to see this thread from yesterday.

    --
    In soviet russia, You ask not what country do for you, but what you do for country!
    Oh wait...
    1. Re:Explanation by FleaPlus · · Score: 0, Offtopic

      Geeze, it's already made it into the wikipedia entry on Slashdot subculture.

  4. Ambulance chaser definition depends on your POV by XavierItzmann · · Score: 0, Offtopic
    This is _not_ offtopic: your perspective con ambulance chasers depends on spin:
    For the next 20 years, John dedicated his career to representing families and children hurt by the indifference and negligence of others. Standing up against the powerful insurance industry and their armies of lawyers, John helped these families...
    http://www.johnkerry.com/about/john_edwards.html

    Likewise, the guys at Goodkind Labaton Rudoff & Sucharow are just standing up for the small investor. Think of the children!

    Right, and if you believe this, I have a bridge to sell you. Face it, John Edwards _is_ an ambulance chaser.


    --
    The next pasture is always greener
  5. Re:Ambulance chasers?? by Anonymous Coward · · Score: -1, Offtopic

    Will you stop posting a million times just so that you can advertize your shitty porn site?

  6. Re:WRONG by Anonymous Coward · · Score: -1, Offtopic

    You already made that point. Stop using Slashdot to advertize your shitty porn site.

  7. Another Explanation by ChrisMaple · · Score: 0, Offtopic

    Refers to an episode of "Ed Edd and Eddy" wherein Jimmy is fed to obesity to become a Sumo wrestler because they are famous & catered to (in Japan).

    --
    Contribute to civilization: ari.aynrand.org/donate
  8. is ...ign the new teh? by Anonymous Coward · · Score: -1, Offtopic

    I was out drinking, did I miss that memo?

  9. Hey by autopr0n · · Score: 0, Offtopic

    bite me AC. If you don't like it, mod me down. That's what the system is for.

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    autopr0n is like, down and stuff.
  10. shysters vs. stock markup FraUDs/thIEves/liars by Anonymous Coward · · Score: -1, Offtopic

    fauxking softwar gangster billyonerror wannabes. phewww.

    all is not lost.

    consult with/trust in yOUR creators.... accurate accounting systems/fair resolutions, since/until forever. see you there?

    tell 'em robbIE? tell 'em about the phonIE monIE?

  11. Re:... In Japan by Anonymous Coward · · Score: -1, Offtopic

    And for that, I got modded 0 troll. In Japan!