BlackBerry’s Latest Delay Could Lead to Shareholder Lawsuits

Ian Austen, reporting for the NYT:

“They’re going to get sued and they should get sued because I think a closer look at the record is likely to unearth knowing and willful misrepresentation,” said Jean-Louis Gassée, the former president of Apple’s products division and the founder of the software maker Be, who is now a venture capitalist and blogger in Palo Alto, Calif. “When the C.E.O. says there’s nothing wrong with the company as it is, it’s not cautious, it doesn’t make sense.”

This is just going to keep getting uglier and uglier.

Tuesday, 10 July 2012