Kingrex, your credibility is slipping!

It was big news about inside trading when the Tysabri thing happened. General Counsel of Biogen was found to have dumped his stock after hearing about the deaths, but before alerting the public. He is in trouble with the SEC and was fired becuz of his SEC problem.

In addition, SEC determined there was a large amount of stock option trading (i.e. predicting BIogen's stock would fall-- cant recall if they call that a put or a call) after the deaths and before the public was alerted to the deaths.

This is not board legend. This was all in the newspapers.

Lastly, Kingrex, it is not MY MONEY that the attys woud spend. Attys take personal injury cases like mine on a "free" basis. They fund all of the litigation up front, and then take a hefty amount of the award if they win.If they lose, they absorb the losses, not the client.

They told me that it would require large amounts of money to hire experts to examine me, examine my files, testify, and large amounts of money to combat a Pharma because Pharmas have fleets of attorneys that have tactics that make the litigation extrememly expensive. Surely you have read the book, A Civil Action, which is a similar type of lawsuit but againts W. Grace & Co. in the BOston area (their chemical company dumped the chemicals into the ground which affected the drinking water and caused cancers in young children-- I think John Travolta starred in the movie).

I don't base my credibility on whether or not Biogen or Elan was sued...I'm neither a muckraker nor a newsman. Anyway, somehow, we got on this subject. If you say there was a story there, then I believe it. But it really has nothing to do with Tysabri as a treatment, IMO.

What was the disposition of the case...was anyone prosecuted and convicted of insider trading? If it was all over the news, then it could hardly have been swept under the rug after the story became public knowledge. I'd be interested in knowing what happened, absent the conspiracy talk. Either they were prosecuted or they were not.