Quote:
Originally Posted by Prospect
What they can say and what they can not say would depend on the non-disclosure language in the agreement. Regardless of the agreement it would probably not be advantageous for Bookeen to communicate that they are in a legal dispute with Amazon, which might turn customers and investors away. I can not recollect that Bookeen has given any reasons for the delay except from general remarks regarding “hoping” to able to deliver son and that they are “working” on it.
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As in any democratic country in the world there is a register of currently active lawsuites I assume this information is nowhere near secret in France. In most developed countries it is even required that during a due diligence or similar process a potential investor is actively informed of any pending lawsuits.
So if Bookeen is keeping legal trouble secret it is most definitely not because of investors.
How customers could be turned away I can't quite figure out. I fail to see how a lawsuit won or lost could impact me as a customer. They might not be able to release any more updates for the mobipocket version - but that's no change from now, so no real threat there...