A ruling against the industry by the California Supreme Court, coupled with continued individual (verdicts) in the 100 million range, would present a challenge for the industry.
More Quotes from Bill Pecoriello:
The guidance is slightly more conservative than our estimate.Bill Pecoriello
The stocks have taken a hit over the last couple of days. Once plaintiff's attorney Stanley Rosenblatt asked the jury for 150 billion, we believed the jury was going to give him that.
Bill Pecoriello
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