A: not enough sand.

In capitalism, it matters not how you make it, it all spends the same.

Example: guy tweets that he will blow up the airport if that said airport does not sort it’s shit out.

Result: hire a lawyer to get you out of bogus terrorist charges even though it’s bloody obvious the guy is not going to do any such thing!

If the guy had gone on to plead his case as one of obvious “cultural/ slang humor” (that everyone uses everyday) he would have lost without a lawyer. I mean how many times have you said to you son…”get your homework done or I will kill you”. Do I really have to hire a layer to prove that I was not going to kill my son?

The legal system is setup so that you are subservient to the profession as well as the laws.

However, think about who your first call will be to when you or a family member is harmed or when you’re charged with a serious crime…of which you’re innocent of course. Your mom? Try representing yourself in court. See how well that goes. Perhaps you should start studying for your JD now?

Just sayin’.

Plus, they don’t just evaluate the money offered. There is also the issue of the company’s likelihood of continuing. The other supposed suitors may just want to buy the company to keep Apple from doing so, but would shut it down, lay off employees, etc., which may not be in the company’s ultimate best interests either.

A: Professional courtesy.

A: a good start.

The world does circle around the share holders of a publicly traded company. It’s their money and they own the value represented by the stock price. Supposedly the Board of Directors is in place to guide company management in a direction that will maximize that value.

Unfortunately, many Boards and Executive suites are made up of the same crowd of insider cronies, Boards are made up of executives from other companies who scratch each others backs. Example, executive compensation, they all agree they are worth 400x the average worker’s salary, even though that multiple is only 25x in the rest of the first world. And they get the compensation no matter what the company performance outcomes are, so they effectively drain the coffers with their compensation while not earning their keep.

So it falls to law firms looking to make a buck to play the leadership role in keeping the crookecutives at bay. The class action will be against the BoD of AuthenTec. For Apple to be involved, they would have to prove some collusion between Apple and the BoD. That would be like accusing Apple of price fixing e-books. How likely is that?

Also, any class action suite wouldn’t stop the acquisition of the company.

As others had mentioned, the lawyers are sticking their hands out with the hope of getting hush money to make this go away, Apple won’t back down and with all due respect they sould push to have this bogus accusation stopped.

Funny how it’s put that “if” it proceeds and “if” thus or “if” that.

These’s despicable and unrighteous Lawyers should be sanctioned If during the course of the investigation are found to be using the legal system as a crutch to extort money from Apple or AuthenTec’s Board member’s in such a way just to enrich themselves by using the legal system disingenuously.

How can offering far more than the stock price be undervaluing? And, the deal hasn’t closed, someone can offer more. Talk about stupidity.

So sad really!