Russo Park name OK'd, with conditions

[Jason]

http://theind.com/article-23118-Laws...-millions.html

[HelmutVII]

http://theind.com/article-23118-Laws...-millions.html

I wondered if anybody would find that. I followed think to the suit and downloaded it. I still say I would not want to be a defendant in this case. Jury trial too (if it gets to that).

[Cajunfanatico]

Allegations of corporate officers violating their fiduciary duty to a publicly traded company are almost certain to spark an investigation by the Securities and Exchange Commission. And one would surely expect the Federal Bureau of Investigation to come calling as well.

[CajunT]

I wondered if anybody would find that. I followed think to the suit and downloaded it. I still say I would not want to be a defendant in this case. Jury trial too (if it gets to that).

My hope and prayers are that the Russo family comes out of this well, they are good folks. But if anyone is taking this lightly, they had better get their head out of the sand. Baker & Hostetler is one of the top law firms in the country and they don't lose many cases. No CDS here, just reality.

[T-Boy]

Well if Russo and company are innocent, then it's sad that they will have to spend a fortune vindicating themselves. But if, and its a big if, Russo and company did steal money from Superior Energy then we have no business taking some of that money. Yes without question Robe deserves a new stadium but not with ill-gotten money. We all have to wait and see how this plays out. At present its a civil matter and that could take years to play out.

[CajunStros]

http://www.theadvertiser.com/story/n...raud/83509842/

Scott says we don't "anticipate" any problems. I hope he is right.

[Guidry3]

http://theind.com/article-23118-Laws...-millions.html

Here's a more in depth article of the whole situation. We do work for Superior and we did some work for Renegade.
Without saying someone is guilty, I'll tell you this. It all makes sense now....

[Cajunfanatico]

Without saying someone is guilty, I'll tell you this. It all makes sense now....

Likely the most said with the fewest words of any post in the thread.

[cajun_lannister]

Well if Russo and company are innocent, then it's sad that they will have to spend a fortune vindicating themselves. But if, and its a big if, Russo and company did steal money from Superior Energy then we have no business taking some of that money. Yes without question Robe deserves a new stadium but not with ill-gotten money. We all have to wait and see how this plays out. At present its a civil matter and that could take years to play out.

I could careless if the money came from Blood diamonds sales

[cajunhawk]

http://theind.com/article-23118-Laws...-millions.html

Here's a more in depth article of the whole situation. We do work for Superior and we did some work for Renegade.
Without saying someone is guilty, I'll tell you this. It all makes sense now....

After reading the article with more in depth info, I wonder if Stabil Drill has a controller set up under the CFO? ____ like this usually happens when the CFO's reach extends too far into the bowels of the company, where they should not be. CFO's are usually sharp financial minds who, when left to their own devices can get themselves in hot water. Idle hands are the devil's playthings.

I would also like to know if Superior had a full bore Financial Statement Audit done on Stabil Drill before Consolidation? An extra set of eyes would have caught this. I know for a fact that audit statutes call for a vendor list showing concentrations of where the company is spending there money. Again this may have all been lost in Consolidation. Don't skimp on accounting...it can save your ___.

[Guidry3]

After reading the article with more in depth info, I wonder if Stabil Drill has a controller set up under the CFO? ____ like this usually happens when the CFO's reach extends too far into the bowels of the company, where they should not be. CFO's are usually sharp financial minds who, when left to their own devices can get themselves in hot water. Idle hands are the devil's playthings.

I would also like to know if Superior had a full bore Financial Statement Audit done on Stabil Drill before Consolidation? An extra set of eyes would have caught this. I know for a fact that audit statutes call for a vendor list showing concentrations of where the company is spending there money. Again this may have all been lost in Consolidation. Don't skimp on accounting...it can save your ___.

Superior aquired Stabil Drill long before these other companies were established. This has only been going on for about 8 years.

[Jeaux]

I could careless if the money came from Blood diamonds sales

Ha, Blood Diamond park. gotta be a real Lannister to say; eF prophecy. eF fate. eF everyone who isn’t us.