Chapter 232
Chapter 232 Go crazy and even bite yourself
"KBK is a vulture law firm that specializes in representing class action lawsuits. It has sued HP, JetBlue Airways and many other companies, and they have all received compensation!"
"David Almeida is a private investigator with a high reputation in the industry. Last year, when Double-Click Company started operating, she became Double-Click's advertising partner!"
Song Yang, who was leaning on the chair, finally couldn't help laughing when he heard Greg's words. It seemed that the other party was well prepared this time. This David Almeda had already started undercover, and cooperated with Double-Click Company to find out After discovering the details of the Double-click company, they fought back. If it hadn't been prepared for a long time, it would be called hell.
Greg looked at Song Yang. He knew that Song Yang had a tough attitude towards these Vulture Law Firms and Ella Cherry, but Greg still said, "If you have a lawsuit with KBK Law Firm If it is not, I am afraid it will take a long time, and perhaps reconciliation is the easiest!"
"Double-click now, the most important thing is to deal with the huge fine from the Trade Commission and Ella Cherry's antitrust investigation. David Almeda and KBK Law Firm may not be the most important."
Fighting on the third front is too detrimental to Double-click Company. As the legal manager of Double-click Company, Greg may not be the best lawyer, but he still has the knowledge and vision that he should have.
KBK Law Firm and David Almeda are basically looking for money. If they settle with several million dollars, it will be more cost-effective for Double-click Company, and the impact will undoubtedly be smaller!
"Reconciliation?"
Song Yang sneered and shook his head. Gleick's thinking is correct. The out-of-court settlement can indeed resolve the class action lawsuit initiated by KBK and David Almeda immediately, and let Double-Click Company resolve the trouble in Tennessee. .
But there are dozens of states in America, and there are so many vulture law firms. As long as they see a profit, coupled with Ella Cherry and those who want to stir up the flames, I am afraid that not dozens of states will initiate a class action against Double-Click. .
Song Yang doesn't want to repeat the same mistakes and enjoy the treatment Microsoft received when it was anti-monopoly. Dozens of states in America filed lawsuits against Microsoft at the same time, making Microsoft overwhelmed and overwhelmed. In the end, they could only spend billions of dollars, one for each state. For the state's acquisition, Double-click doesn't have as much money as Microsoft.
"Double-Click can't make concessions. No matter how many vulture law firms and so-called private investigators, Double-Click can never settle!"
Song Yang said directly that there was no room for it. He would rather fight a lawsuit worth tens of millions of dollars than pay a settlement fee of several million dollars, and finally leave a handle on the opponent.
Hearing Song Yang's words, Greck and Whitman looked at each other, and both sighed softly. Song Yang didn't follow the routine, and they didn't know whether it was right or wrong, but it was obvious that the Double-click Company was still in Song Yang. When Yang is in control, reconciliation is impossible.
"What about the trade commission's fines for false advertising and antitrust investigations?" Whitman also said with some headaches, wondering why Double-Click Company got into so much trouble.
Different from KBK's class action lawsuit, the trade commission's fine, no matter whether it is reasonable or not, represents the entire powerful department of the trade commission. If it does not accept the fine, or even goes to the federal court, it represents Double-Click Company. A war is about to start with an American establishment.
This is Ella Cherry's overt conspiracy. Since she started to operate, in the name of the Trade Commission, she has issued a sky-high fine to Double-Click Company, and only gave Double-Click Company two choices.
One way is to resign to fate and pay a high fine, which will cost Double-click Company half its life, but let the Trade Commission let Double-click Company go.
The other way is not to accept the ticket and start a lawsuit with the Trade Commission, but this means that Double-click Company will be targeted by the Trade Commission from now on. Think about this giant authority, how many local and overseas giants in America , was tossed quite a lot, and he understood the consequences of being targeted by it.
Song Yang was silent for a while, but still shook his head, and said, "Let's form a lawyer team, Double-Click Company will not accept fines, and the 100 million dollars can be used as the fees of the lawyer team, and will not accept such fines! "
"Ella Cherry, let's start preparing for the lawsuit!"
Hearing that Song Yang was going to be tough, there was silence in the conference room. Everyone knew what this meant. Maybe within a few years, the life of double-clicking the company would not be so easy, and people would be watching all the time. The slightest mistake will be caught by people and start to make a big fuss.
Song Yang clapped his hands, and said to the executives of Double-click Company in the conference room, "Set up a team of lawyers and a public relations team to deal with these troubles, Double-click to go public, and continue to prepare, Double-click to go public on time!"
Hearing that Song Yang has already made a decision, no matter what this decision will bring to the Double-click company, the entire Double-click company still quickly started to prepare.
With Song Yang deciding that Double-Click will never reconcile or admit defeat, Double-Click is about to start preparing for a war!
Sudden huge fines, possible listing failure, class action lawsuits, anti-monopoly, suspension of cooperation with advertising sponsors and a series of rumors have successfully made Double-Click the most beautiful guy on Wall Street today.
Including the Wall Street Journal, New York Times, NBC TV station and many other TV stations, newspapers and other media, they all began to report the double-click news.
The entire Internet industry is also waiting to see the first fine and anti-monopoly in this industry. The response of the double-click company is likely to be the response of the entire industry.
If double-clicking the company this time, it is easy to kneel down, then the entire Silicon Valley will basically be weak in the face of the Trade Commission and other American institutions, and will easily fine huge fines.
Therefore, there are not a few Internet companies that secretly poke and poke, count on double-clicking companies, and insist on the Trade Commission, but they basically observe secretly. After all, this is the Trade Commission, one of the most powerful departments in America. Microsoft is in front of it. Some can't hold it, let alone double-click.
Therefore, the Internet industry is basically looking forward to it. Companies such as Netscape, Yahoo, and Lycos dare not easily express their support for Double-click Company, because they are afraid of getting caught up in the fire. No one knows what Double-click Company will do!
Amidst the discussions, Double-click Company first released an announcement, telling all investors who subscribed for Double-click shares that everything is "normal" for Double-click, there will be no accidents, and it will be listed on schedule.
There is nothing special about this announcement. It is just to appease the investors and tell them that Double-Click can survive. These are just "minor problems" and there is no need to worry about it. You can wait for Double-Click to go public and the stock in your hand will appreciate in value. enough!
While outside Internet companies and the media were discussing how credible this announcement was, double-clicking on the company brought out the news again, but this time the news left countless people stunned.
America's top ten law firms also received an invitation from DoubleClick, which announced that the board of directors and investors will jointly raise 20 million dollars to form a team of lawyers to deal with possible prosecutions.
Double-click did not name the company, but at this time, a large sum of 60 million dollars in financing was used to form a legal team. This is almost a lice on the bald head, and it is obvious.
The entire American lawyer industry, after receiving the news, was immediately on the lookout. Even the lawyer industry was much more excited than the Double-click company. For many years, there has never been such a vigorous company in America. Is this going to be against the federal state courts, the Trade Commission, or even the American Department of Justice? !
For this kind of big case, the lawyer's fee is horribly high. Double-clicking the company's 20 million dollars is likely to be just the beginning. There is money to get, and it can increase exposure and popularity. This kind of lawsuit, win or lose, is worth it. How could the major law firms in America not be active.
The three major law firms Latham & Watkins International, Jones Day, and Baker MacKenzie announced the formation of a luxury legal team, ready to take over the entrustment of Double-click Company!
And on the same night, the Double-Click Company in Houston seemed to have brought the wild west atmosphere and released the third announcement.
Double-click company directly declared that it would never accept KBK's blackmail-style class action lawsuit, and counted the companies that have been blackmailed by KBK law firm. Double-click company will never compromise with KBK, and will not give the other party a settlement fee of $1!
As for David Almeda, Double-Click Company even bit back, claiming that David Almeda stole the commercial secrets of Double-Click Company, and started to launch a counter-suit against David Almeida in Houston. As for what business Confidentiality, Double-Click Company didn't say anything, Double-Click Company doesn't care if it can win this lawsuit, anyway, it just wants to disgust the other party, let the latecomers see the attitude of Double-Click Company, so crazy that they even bite themselves!
Double-Click, which started to go crazy, made the whole of America see the style of the wild west. After targeting KBK Law Firm and David Almeda, Double-Click Company finally showed its charisma.
Greek, on behalf of Double-Click Company, officially announced that he would not accept the fine issued by the Trade Commission to Double-Click Company.
As soon as the news came out, when they heard that Double-Click Company was really going head-to-head with the Trade Commission, the entire public opinion was almost in an uproar, making all the people watching the excitement even more noisy.
Double-click company doesn't even recognize the fine from the Trade Commission, and it's too embarrassing to go to court with the other party, let alone anti-monopoly. Naturally, Double-click company won't bear it anymore.
Gleek, on behalf of Double-Click Company, was fully fired, and directly sprayed Ella Cherry, "Double-Click Company has never been involved in the monopoly of the Internet advertising industry. On the contrary, Double-Click Company is following the Internet Act of the Supreme Commander to develop the Internet market."
"The anti-monopoly against Double-Click is completely targeted at Double-Click. The other party has no Internet knowledge at all. From a traditional perspective, they are defining a new industry. We don't know why the Trade Commission chose such a person to manage the Internet industry. But this is obviously a huge mistake, even if a wild boar from Texas is placed in that position, I am afraid it will not be worse than some people!"
(end of this chapter)