"More specifically, the investigation concerns whether Unilife Corp and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934"
If these guys are indeed "They are chasers of the ambulance chasers and provide a one stop ambulance chasing montitoring shop". Then was isn't Unilife suing to protect its name?
Section 20(a) asserts Insider Trading, what can be more damaging in terms of allegations?
Read sections 10(b) and 20(a), to test your comfort level.
Sec. 10B. Position Limits and Position Accountability for Security-Based Swaps and Large Trader Reporting.
Sec. 20A. Liability to Contemporaneous Traders for Insider Trading.
http://www.sec.gov/about/laws/sea34.pdf
UNS Price at posting:
61.5¢ Sentiment: None Disclosure: Not Held
