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Another law firm is launching a class action suit against Red Hat - blaming the firm for its falling share price.
Red Hat said two weeks ago it was changing the way it accounts for software licences - in future these will be measured on a daily basis rather than monthly. The firm is also going back over accounts for the last three years. Despite this having no impact on overall revenues Red Hat shares were hammered - falling more than 20 per cent in a day.
www.theregister.com
Red Hat said two weeks ago it was changing the way it accounts for software licences - in future these will be measured on a daily basis rather than monthly. The firm is also going back over accounts for the last three years. Despite this having no impact on overall revenues Red Hat shares were hammered - falling more than 20 per cent in a day.
Red Hat hit with class action (No.2)
These investments could go up as well as down - if they go down we'll sue
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