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Possibly? I would have thought if the problem is artificially inflated price, shareholders who didn't buy or sell during the period are not affected, but to be
by greenshackle2 6y ago
Possibly? I would have thought if the problem is artificially inflated price, shareholders who didn't buy or sell during the period are not affected, but to be honest I don't know how these suits work in details.
Just picking at random off Google, I looked at the Pinterest suit, and it's a big shareholder suing Pinterest Inc... on behalf of Pinterest Inc. So yeah you might be right. Sounds very odd.
https://www.scribd.com/document/486543528/Pinterest-Shareholder-Lawsuit https://www.scribd.com/document/486543528/Pinterest-Sharehol...