Linux and Business Troubles at VA Linux Systems . Well, at least for those who sold while the stock was high. VA Linux has been named in a class action suit for alleged SEC violations along with Credit Suisse First Boston Corporation, and VA Linux execs Larry M. Augustin and Todd B. Schull. Several law firms have announced their participation.
More law firms are sure to jump in as well.
There are a number of firms that make their living from cases such as this. The sharks are circling. It is not clear how much VA Linux Systems itself was involved in the alleged violations. It will likely be some time before this issue is resolved. See any of the above press releases for more information.