Author Topic: HAUP - Hauppauge Digital  (Read 7598 times)

capitalg

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Re: HAUP - Hauppauge Digital
« Reply #10 on: August 10, 2020, 04:42:02 PM »
I read these court docs posted to the Oddball Stocks blog (http://www.oddballstocks.com/2020/08/update-on-hauppauge-digital-inc-haup.html) in full, but not sure I understand the conclusion.  Can anyone with more legal experience (or perhaps experience with shareholder litigation suits) explain to me in plain English what the verdict means?  Thanks, and sorry to be dense!


Cigarbutt

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Re: HAUP - Hauppauge Digital
« Reply #11 on: August 10, 2020, 06:31:23 PM »
I read these court docs posted to the Oddball Stocks blog (http://www.oddballstocks.com/2020/08/update-on-hauppauge-digital-inc-haup.html) in full, but not sure I understand the conclusion.  Can anyone with more legal experience (or perhaps experience with shareholder litigation suits) explain to me in plain English what the verdict means?  Thanks, and sorry to be dense!
i read this very rapidly but it looks like Mr. Rivest will be disappointed to learn that he is back at square one. The decision from the specialized court only dealt with a technical aspect (the company after all was able to show that it met the tests to reverse a previous decision (to release the documents) that becomes no longer applicable) without addressing the bottom of the question (should the documents be released and how confidentiality issues could be dealt with), a question that Mr. Rivest will need to pursue if he wants an answer.

capitalg

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Re: HAUP - Hauppauge Digital
« Reply #12 on: August 10, 2020, 06:44:16 PM »
Thanks, very helpful - I kind of gathered part of that, and that conclusion is consistent with my what Iíve seen and read that shareholder suits for information can be surprisingly difficult.