Comment by manquer

Comment by manquer 3 days ago

1 reply

That is just one customer, and also it is not just lawyers, Contingent liabilities(potential amount for settlement) when it escalates from possible to probable, in GAAP that means it changes from mere footnote to a line item in P&L which needs to be financed and managed and affecting their margins well before the actual settlement is decided.

baq 3 days ago

Looks to me the market priced this in.