ST Alpha - "Because there is always a class action filed when there is a big dip. Then the class lawyers basically greenmail the company into settling. n m" (Reading a Post)

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In response to "For what?" by Kill Hunting

Because there is always a class action filed when there is a big dip. Then the class lawyers basically greenmail the company into settling. n m

Posted by ralph wiggum (aka Wiggum17) Oct 15 '14, 19:15

sdf

Responses:

So it's a relatively useless claim that's easier to pay to go away? -- nm - Kill Hunting Oct 15, 19:17
greenmail? -- nm - David, "The Concise One" Oct 15, 19:16 7
- You're not expecting some poison pill to be running around the building, am I right? -- nm - prayformojo Oct 15, 19:21
- "we control all these shares! do what we say or we'll do annoying things!" -- nm - mafic Oct 15, 19:21
- Actually, that's technically not the right term for this. Greenmail when an aggressor buys a big block in a target company and then basically forces - ralph wiggum Oct 15, 19:20 3
  - but same principle, really. -- nm - mafic Oct 15, 19:22
  - (But it's analogous in that it's forcing a company to pay $ to make an annoying pest go away.) nm - ralph wiggum Oct 15, 19:22 1
    - I wonder how much money is spent on all of these kinds of folks - this stuff, various trolls. -- nm - b. Oct 15, 19:25
- I hadn't heard it before, but I love this term. -- nm - ty97 Oct 15, 19:18

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