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Some insurance policies extend to cover criminal acts, and certainly D&O policies can cover mismanagement @dodgepot
I am of the belief most insurances do not cover criminal offences...
I am assuming Thaxter is being indicted for criminality.
Or do you think differently ?
The Department of Justice’s (“DOJ”) $600 million civil and criminal settlement against Indivior related to marketing the opioid-addiction-treatment drug Suboxone, combined with the prior, larger, $1.4 billion settlement with Reckitt Benckiser Group PLC, Indivior’s former parent company, inked in 2019 yield standing for longer term shareholders to bring potential shareholder derivative matters.
These matters seek to enhance corporate governance and go after D&O policies to get funds paid in fines back into corporate coffers. They often also allow for incentive awards to shareholders.
Best,
Josh
jgrabar@grabarlaw.com
https://www.justice.gov/opa/pr/justice-department-obtains-14-billion-reckitt-benckiser-group-largest-recovery-case
https://www.justice.gov/opa/pr/opioid-manufacturer-indivior-s-chief-executive-officer-pleads-guilty-connection-drug-safety
The settlement is probably factored in but once an announcement
is actually made it could possibly spike again...
Whilst I would not be expecting too much profit buying at this
level the fact remains I believe it is more likely to go up than
go down...so on that basis there is an argument for buying even
though there may not be any massive profits..
Put it another way I am not looking to press the sell button just yet...
Lionheart
It will go over a pound & beyond for sure easy money maker dyor.
£1. let's open the bubbles:-)))
If the current trend continues it will likely
be THIS week..
Always an “if” in everything but it is not that
big an “if”
1 pound on the card next week really hotting up
dodgepot
Agree about that but filter button works :-))
Much for Gobble-D and youwill be getting filtered
Happy Friday
Happy hours
Drink whole day and night
INDV so far drank 20 bags
Still in good mood lol
continue next week again
my lovely panther black horse
120p on the way
Hurray
What day job ? Who would employ him ?
acaciatan, don't give up your day job mate, lol.
Quite a bit of profit taking but still holding onto the gains fairly well..
Might drop a bit if this continues but likely end the day on a decent gain..
like it moving up well
also ncyt going well today again for holders there
looking like a strong finish here today
`haha
£1 coming baby
my panther black horse
Drunken through to £1
lovely
Joe...today’s rise does not help for you to get back in and a decent price...and you know this stock does have its ups and downs and maybe you will see a more attractive position in the next week or
so..
But I do think this could go on a run up for a little while now there appears to have been developments on the litigation front..
Totally agree dodgepot......I need to rejig my other investments, hence why I am keeping an eye on this one.
My black panther, tonto, lone ranger , sell on high, buy on low boat would need to come in though, I drunk all day and night with that crazy horse Indivior :-)
Joe, still think there is more profit to be made for anyone getting in now because the fundamentals have not changed dramatically..£4 before the DOJ
came in..
Good decision dodgepot, you will end up doing very well here.
GLA even acaciatan :-)
Joe, I recall we both got out before the trading update with profit..
I got back in but at a SP a lot higher than I had sold.
I was spitting feathers seeing it go up but the first dip I got back in...
But hey, you cannot complain if you bank a profit...
That’s what I was telling myself when I sold and it went higher...it was still painful
Dodgepot, I am drowning my sorrows for not holding on here a little longer, good luck to all you genuine LTH's, you definitely deserve this one to come good and it certainly now looks extremely positive based on recent events......have a great weekend everyone and don't go mad on Saturday :-)
GLA
Can you not find somewhere else to drink ?
I thought I was drunk reading your posts !
Hahaha
buy in low
sell on high
cannot buy in lowest
cannot sell on highest
coming down I buy
going up i sell
Hahaha
such a having good fun
INDV no drunk today
I drunk everyday
GLA
nice buying today again