I remember reading Buffett talk about the market's negative...

I remember reading Buffett talk about the market's negative reaction to certain news, even though that news was not derived from any tangible decrease in business performance.

In those instances, he noted that it was very prudent to consider whether this immediate negative reaction (and as a result, decrease in SP) was actually justifiable, or if was just the market's knee-jerk reaction.

Where it was determined that the questionable news/decrease in SP was not performance-based, he used those occurrences as a chance to buy.

This is a perfect example of what we're seeing here.

Market sees the words 'legal dispute' and sell, but anyone that actually reviews the news can extrapolate that this news has zero to do with current or future business performance. If SP wasn't so volatile anyway, now would be the perfect time to buy.