Concordia Healthcare Corp. T.CXR.R

Little likelihood of the CEO going to prison

[argentia77]

Assuming that any of the alledged charges go to trial and stick, I doubt that he would personally see any jail time. But I'm no securities lawyer. Maybe someone knoweldgeable in this area could pipe in with their opinion. There would be fines for the company to pay of course but presumably these would be paid by the company, assuming it's still solvent at that point. Mark Thompson, being the clever lawyer that he is, would have taken steps to dodge any legal bullets aimed at him personally. If he were to be hit with substantial fines he could declare personal bankruptcy for example, and the $millions in compensation and perks he continues to draw to this day would have long been transferred out of his name to family members, or otherwise squirreled away somewhere safe and secure. Disclosure: I'm one of the bagholders who believed the hype from all the "experts" like Donville and other analysts that continued to promote the company with targets of $60.. $79 ..$80.

[LaurenceDaPill]

This post has been removed in accordance with Community Policy

[Lesalpes29]

I thought you were out? New position?

[argentia77]

No to both questions. Just lying low to lick my wounds.