Comment Re:Net loss, still not a profit (Score 1) 235
Well very few people or companies can pay out 50 million without calling it a loss no matter what they were doing with it. I mean, even if you have it to lose, you DON'T have it to lose, know what I mean?
However, the point stands, that 50 million has been set aside for a few years as I understand it (I could be wrong, but wasn't it set aside well before the class action started?). Even at a conservative rate of interest, that's a lot of cabbage annually.
They lose that "income" and that capital...but for the years they had it sitting there and NOT paying what they owed, they did benefit largely from their illegal conduct and as such should face much more inflated fines than they have thus far.