Too scared

If this was any other company but a law firm it would have done the right thing by shareholders and called a halt pending clarification of the issues raised by analysts and the media. Quite clearly they are too scared to say anything for fear of class actions. Which is another reason why law firms should never be public companies. At best we get something on Monday after a weekend of crisis management, hopefully with guidance from professional people. I will say that I think the CEO must take full responsibility for the dilemma we find ourselves in and the board really has no choice but to remove him to show the market someone must take responsibility for the UK acquisition, not to mention all the other issues that have emerged in the past few months. The CFO went after accounting errors were discovered but at the end of the day who did he report tto>?