It builds up your image as a European multinational no end to get your shares widely held by US investors and traded on Wall Street, but investors in each country have their different sets of funny little ways, and in the US, the most popular one is to sue any company that didn’t signal with a foghorn any news that might push the share price down weeks before the event: latest victim is Philips NV, which has been hit by one of those nuisance shareholder lawsuits from holders that reckon the company should have warned that its first quarter figures would look kinda dismal; the suit is over misleading statements between January 8 and May 3 and Philips has requested its lawyers in the US to look into the matter but pending this lawsuit, it says it cannot make any further statements related to the writ.
