Even if you are IBM Corp, under the strict US securities laws, you cannot go around telling people that your dividend is safe and then out of the blue announce that, well, maybe it will have to be cut, and not bring the wrath of the court system down upon you, and at least two […]
Even if you are IBM Corp, under the strict US securities laws, you cannot go around telling people that your dividend is safe and then out of the blue announce that, well, maybe it will have to be cut, and not bring the wrath of the court system down upon you, and at least two shareholder lawsuits seeking class action have been brought against the company and officers.