21 posts since
Sep 8, 2005
Re: Shareholder suit slams Vonage IPO
Had the stock skyrocketed there would be no lawsuit.
Vonage didn't force their customers to buy the stock.
They didn't offer any discounts on their monthly fees if people bought stock.
Vonage hasn't cooked the books like Enron.
Investors need to be careful what they invest in.
Stocks will climb and fall. It's educated gambling at best.
It's too bad their investment has lost value, but please get real...if everyone who lost money on a stock filed a lawsuit we'd still be hearing cases from the 1929 market crash.