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Latest Comments960 Comments
Commercials on Sirius XM: Benefit vs. Backlash
Commercials on Sirius XM: Benefit vs. Backlash
An iPhone With Satellite Radio - Gasp! Really?
markbmark 229 Comments Nov 10 02:44 PM "WHAT A SHAME
People come here looking for true thought about Sirius.
But, Sirius pays people to post trash here.
Crooks, all of them just crooks! Like that guy 163888 wants you to belive Sirius did not try to get protection in aa RECO scam lawsuit to get a setment to protect Sirius from other stock holders.
Come on people. It is court proven raceteering! The Federal Judge ruled and bared the lawyers from practicing in thaat state for 5 years! These Sirius employees posting here whant you to be optamistic. What a joke!!!
*Then I wrote this:*
"Just to clear things up this was posted by Micheal Hartleib at Sirius Buzz. If you read it you will see the case that "markbmark" is talking about were the judge said the lawers could not practice in the state for 5 years was well before the case against SIRI. So one has to ask how a judge would even bring up SIRI at that time, almost 2 years before the SIRI case came in.
hartleib1
Senior Member
Join Date: Mar 2008
Posts: 131 Friday, February 22, 2008
Judge to California lawyers: Don't come backTriangle Business Journal - by Chris Baysden
Print Article Email Article Reprints RSS Feeds ShareThis
: Don't come back [02/22/2008]
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RALEIGH - North Carolina public companies have one less law firm to worry about when it comes to shareholder lawsuits filed in the state.
North Carolina Business Court Judge Ben Tennille has barred the San Diego, Calif., firm of Robbins Umeda & Fink from practicing in the state for five years on a pro hac vice basis. The Latin phrase, which means "this time only," allows an out-of-state lawyer to appear in court for a particular trial even though the lawyer isn't licensed in that state.
The order came as something of a coda to a shareholder lawsuit, Egelhof v. Szulik, filed on behalf of a former Red Hat shareholder against members of the technology company's officers and board of directors.
Shareholder lawsuits are the bane of many public corporations since there are a host of law firms that specialize in filing them on word of bad news from a company.
In 2004, Robbins Umeda & Fink represented a plaintiff in a shareholders derivative case involving Chapel Hill-based Pozen. That lawsuit was dismissed in November 2005.
Press Millen, a Womble Carlyle attorney who helped defend Red Hat's management in the Egelhof v. Szulik case, hopes the victory his side scored will have a positive impact for corporations beyond the case.
"I think it's pretty serious," Millen says of the sanctions. "It's definitely a warning shot over the bow of out-of-state counsels about filing meritless lawsuits in North Carolina."
Sanctions against plaintiff
The order, which was issued Feb. 4, prohibits Robbins Umeda & Fink's lawyers from appearing in the state's courts for five years. It also bars Andrew Egelhof, the plaintiff in the case, from acting as a shareholder derivative plaintiff or a class-action representative in North Carolina litigation for five years.
The Egelhof v. Szulik complaint, which originally was filed in Wake County Superior Court in 2004, included allegations of insider trading and gross mismanagement at Red Hat. Defendants included Red Hat Chairman Matthew Szulik and board members Marye Anne Fox, former chancellor of North Carolina State University, and retired Army Gen. Hugh Shelton.
Tennille dismissed the plaintiff's claims in March 2006 due in part to Egelhof's loss of standing as a stockholder. The defendants later asked that they be awarded attorneys' fees. Though that motion was not granted, it prompted Tennille to examine actions taken by the plaintiff and the law firm.
Tennille asserts that the lawsuit was filed in a "needless rush to court" just 31 days after Red Hat restated its earnings on July 19, 2004. He wrote in his order that the case was filed without an inspection of the company's books and records, and many of the allegations relied on media reports and published analyst opinions.
Tennille also took exception to Egelhof being the fiduciary standard bearer. According to court documents, Egelhof was a 24-year-old Kansas resident when he responded to an Internet solicitation seeking a plaintiff.
While he had a degree in business administration, Egelhof had worked in information technology jobs at Kansas State University. His holdings in Red Hat amounted to 28 shares of stock worth $710.50 that he bought in 2004.
markbmark, Dhaaa, facts are hard to get around aren't they. By the way go ahead and keep posting the lies. Tell me when you have enough rope."
markbmark, I can keep doing this all day long. You forget everything that has ever been written can be pulled back up. It shows ether you or Micheal H. is lying.
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
My problem with Micheal and other bafoons that now follow him is they are there because they lost money on a speculative stock that is still not out of the game by a long shot. They want to blame anyone but themselves. The proof is Micheal has been shown many times to be untruthful and misleading. As you said he did it again in that interview, for the informed that heard Micheal talk about this at Sirius Buzz, you and I already rebuffed Micheal by telling him what Mel actually said, you actually reposted the comment word for word. Yet that seems to blow right by his followers, facts are not important to them, and that is why I call them dolts and baffoons.
P.S. I voted for the RS and the delution, Mel has stated what he wants them for and he has not as of yet given me any reason not to believe him. I also voted to keep the board because from what I recall most of them are from SIRI and I have followed the metrics of both companies and know why most of them are. To all others, there is a reason XMSR people got canned.
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
markbmark 229 Comments Nov 10 02:44 PM "WHAT A SHAME
People come here looking for true thought about Sirius.
But, Sirius pays people to post trash here.
Crooks, all of them just crooks! Like that guy 163888 wants you to belive Sirius did not try to get protection in aa RECO scam lawsuit to get a setment to protect Sirius from other stock holders.
Come on people. It is court proven raceteering! The Federal Judge ruled and bared the lawyers from practicing in thaat state for 5 years! These Sirius employees posting here whant you to be optamistic. What a joke!!! "
Now this is the repost of mine that explains why markbmark is a liar.
"Just to clear things up this was posted by Micheal Hartleib at Sirius Buzz. If you read it you will see the case that "markbmark" is talking about were the judge said the lawers could not practice in the state for 5 years was well before the case against SIRI. So one has to ask how a judge would even bring up SIRI at that time, almost 2 years before the SIRI case came in.
hartleib1
Senior Member
Join Date: Mar 2008
Posts: 131 Friday, February 22, 2008
Judge to California lawyers: Don't come backTriangle Business Journal - by Chris Baysden
Print Article Email Article Reprints RSS Feeds ShareThis
: Don't come back [02/22/2008]
> More Search Results
RALEIGH - North Carolina public companies have one less law firm to worry about when it comes to shareholder lawsuits filed in the state.
North Carolina Business Court Judge Ben Tennille has barred the San Diego, Calif., firm of Robbins Umeda & Fink from practicing in the state for five years on a pro hac vice basis. The Latin phrase, which means "this time only," allows an out-of-state lawyer to appear in court for a particular trial even though the lawyer isn't licensed in that state.
The order came as something of a coda to a shareholder lawsuit, Egelhof v. Szulik, filed on behalf of a former Red Hat shareholder against members of the technology company's officers and board of directors.
Shareholder lawsuits are the bane of many public corporations since there are a host of law firms that specialize in filing them on word of bad news from a company.
In 2004, Robbins Umeda & Fink represented a plaintiff in a shareholders derivative case involving Chapel Hill-based Pozen. That lawsuit was dismissed in November 2005.
Press Millen, a Womble Carlyle attorney who helped defend Red Hat's management in the Egelhof v. Szulik case, hopes the victory his side scored will have a positive impact for corporations beyond the case.
"I think it's pretty serious," Millen says of the sanctions. "It's definitely a warning shot over the bow of out-of-state counsels about filing meritless lawsuits in North Carolina."
Sanctions against plaintiff
The order, which was issued Feb. 4, prohibits Robbins Umeda & Fink's lawyers from appearing in the state's courts for five years. It also bars Andrew Egelhof, the plaintiff in the case, from acting as a shareholder derivative plaintiff or a class-action representative in North Carolina litigation for five years.
The Egelhof v. Szulik complaint, which originally was filed in Wake County Superior Court in 2004, included allegations of insider trading and gross mismanagement at Red Hat. Defendants included Red Hat Chairman Matthew Szulik and board members Marye Anne Fox, former chancellor of North Carolina State University, and retired Army Gen. Hugh Shelton.
Tennille dismissed the plaintiff's claims in March 2006 due in part to Egelhof's loss of standing as a stockholder. The defendants later asked that they be awarded attorneys' fees. Though that motion was not granted, it prompted Tennille to examine actions taken by the plaintiff and the law firm.
Tennille asserts that the lawsuit was filed in a "needless rush to court" just 31 days after Red Hat restated its earnings on July 19, 2004. He wrote in his order that the case was filed without an inspection of the company's books and records, and many of the allegations relied on media reports and published analyst opinions.
Tennille also took exception to Egelhof being the fiduciary standard bearer. According to court documents, Egelhof was a 24-year-old Kansas resident when he responded to an Internet solicitation seeking a plaintiff.
While he had a degree in business administration, Egelhof had worked in information technology jobs at Kansas State University. His holdings in Red Hat amounted to 28 shares of stock worth $710.50 that he bought in 2004.
markbmark, Dhaaa, facts are hard to get around aren't they. By the way go ahead and keep posting the lies. Tell me when you have enough rope."
markbmark, I can keep doing this all day long. You forget everything that has ever been written can be pulled back up. It shows ether you or Micheal H. is lying.
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
This means, of course, that had Michael not delayed the merger through actions that were found to be without merit, the merger would have been approved before the economy went into recession. This means that the company would have had 2 extra quarters of combined revenues and decreased costs to contend with the debt issues now upon them. My opinion of the self titled group “Save Sirius” is on par with the actions of C3SR - another self righteous, hypocritical group seeking nothing more than the demise of Satellite Radio. In other words, Michael, you need to remove the plank from your own eye, so you will see clearly to remove the speck from your brothers!"
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith