Quote:
Originally Posted by SteveEisenberg
Why should I, who couldn't have possibly had anything to do with the conspiracy, have to pay even a dime to people who voluntarily bought a book at a price they knew up front?
|
If Apple and the publishers illegally colluded to raise prices, which Apple has found guilty doing (and I expect will not be reversed upon appeal), then you are the unwitting beneficiary of profits gained by wrong-doing, and if the legal system chooses to remedy this by heavily fining Apple, any shareholders will lose on those ill-gotten gains. Typically, there will be some remedy for this in the guise of a class action lawsuit against Apple and its board of directors for allowing the management to commit illegal acts, where the people filing the class action lawsuit claim that the stock was artificially inflated due to the illegal actions. If you continue to hold Apple stock, you may get double or triple whammies from the original fines, stock price drops, and paying out on the class action lawsuit. Sucks to be you, but it's no different from when Citi Group and other banks got fined in recent years for their misdeeds.