BlackBerry Forums Support Community
              

Closed Thread
 
Thread Tools
Old 05-23-2011, 03:34 PM   #1
Preroll
Talking BlackBerry Encyclopedia
 
Preroll's Avatar
 
Join Date: Nov 2008
Model: Class
OS: 10.3.1.94
PIN: N/A
Carrier: Verizon
Posts: 461
Exclamation RIM Being Investigated for Securities Fraud

Please Login to Remove!

Caught this in the news today. Hopefully RIM can turn things around soon because I'm starting to wonder about its future....

I prefer their product over Apple and Google but they have had their marketing issues over the past year or so (or at least it seems).

Research In Motion Ltd (RIM.TO) Key Developments | Reuters.com
Offline  
Old 05-23-2011, 03:37 PM   #2
NJBlackBerry
Grumpy Moderator
 
NJBlackBerry's Avatar
 
Join Date: Aug 2004
Location: Somewhere in the swamps of Jersey
Model: SGS7
Carrier: Verizon
Posts: 27,948
Default Re: RIM Being Investigated for Securities Fraud

Ambulance chasing lawyers?
This is not a government investigation. LAWYERS.
Offline  
Old 05-23-2011, 08:34 PM   #3
Cooper
CrackBerry Addict
 
Join Date: Apr 2005
Location: Waterloo, Ontario
Model: PRIV
OS: Android 6
Carrier: Rogers
Posts: 523
Default Re: RIM Being Investigated for Securities Fraud

Research In Motion Limited announced that Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Research In Motion Limited (RIM or the Company). The investigation focuses on whether a series of statements made between December 16, 2010 and April 28, 2011, inclusive, regarding Research In Motion's business, its prospects and its operations were materially false and misleading at the time they were made. Specifically, the investigation focuses on, among other things, whether the Company knew but failed to adequately disclose that it was experiencing problems associated with an aging product line which were negatively impacting RIMxxx8217;s business and margins.


Pfffft... This is saying that RIM may not have disclosed that their "aging product line" was negatively affecting their business and margins.

Sounds like an upset investor backed by lawyers.
__________________
Blackberry History
7250-> Curve 8320-> Bold 9000-> Bold 9700-> Torch 9800-> Bold 9900 + 16GB PlayBook-> BlackBerry Z10
Offline  
Closed Thread



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads for: RIM Being Investigated for Securities Fraud
Thread Thread Starter Forum Replies Last Post
RIM 950 Activation tom.bruetsch General BlackBerry Discussion 14 11-01-2009 06:41 PM
Verizon Techs Clueless or RIM Unscrupulous? XelhaBB General 9500 Series Discussion - Storm 11 01-30-2009 10:41 PM
RIM vs NTP News Article Khue BlackBerry In the News 2 01-18-2006 10:27 AM
[2005-11-02] Merrill Lynch gives RIM a 'buy' rating jibi BlackBerry In the News 5 11-03-2005 09:32 AM
[2005-08-23] Announcement of deal between RIM and Intel imminent, says analyst Slammed BlackBerry In the News 0 08-23-2005 07:17 PM


LCD Digital Multimeter Voltmeter Ammeter Ohmmeter Volt AC DC Tester Leads Meter picture

LCD Digital Multimeter Voltmeter Ammeter Ohmmeter Volt AC DC Tester Leads Meter

$9.95



DC 100A 100V Voltmeter Ammeter Volt Amp Meter Voltage Current Tester with Shunt picture

DC 100A 100V Voltmeter Ammeter Volt Amp Meter Voltage Current Tester with Shunt

$12.99



US Stock DC -100A ~ +100A Analog AMP Current Needle Panel Meter Ammeter & Shunt picture

US Stock DC -100A ~ +100A Analog AMP Current Needle Panel Meter Ammeter & Shunt

$21.33



DC 100V 100A Voltmeter Ammeter Volt Amp Meter Voltage Current Tester with Shunt picture

DC 100V 100A Voltmeter Ammeter Volt Amp Meter Voltage Current Tester with Shunt

$12.74



LCD Digital Multimeter Voltmeter Ammeter Ohmmeter Volt AC DC Tester Leads Meter picture

LCD Digital Multimeter Voltmeter Ammeter Ohmmeter Volt AC DC Tester Leads Meter

$7.49



US Stock DC 0~30A Analog AMP Current Pointer Needle Panel Meter Ammeter & Shunt picture

US Stock DC 0~30A Analog AMP Current Pointer Needle Panel Meter Ammeter & Shunt

$18.22







Copyright © 2004-2016 BlackBerryForums.com.
The names RIM © and BlackBerry © are registered Trademarks of BlackBerry Inc.