Fabbrication

Entries from Friday, November 2. 2007

Friday, November 2. 2007

The Class Action Suit against Isilon Systems (ISLN)

Today, Coughlin Stoia Geller Rudman & Robbins LLP announced that it is filing a class action suit against Isilon Systems. The suit is filed on behalf of an investor who bought Isilon stock at hyped-up IPO prices, and then lost money when Isilon subsequently missed quarter expectations.

As we'll see below, while some of the complaints may have merit, some of the claims are BS (in my humble opinion).

Continue reading "The Class Action Suit against Isilon Systems (ISLN)"

Posted by admin in Aaron's Journal at 16:08 | Comments (0) | Trackbacks (0)

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