Lawyers, Drones & Money
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 23 March 2015
⏱️ 20 minutes
🧾️ Download transcript
Summary
What do investors need to know about class action lawsuits? How quickly will flying drones get the green light from Uncle Sam? And why oh why are pop music stars suing start-up food companies? We tackle these legal questions and more with The Motley Fool’s Assistant General Counsel Chris Harris.
Transcript
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| 0:00.0 | It's Monday, March 23rd. |
| 0:03.8 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hill. |
| 0:05.9 | And you know, this podcast is first and foremost |
| 0:09.8 | about business news, but every once in a while, we step back from the business news of the day, sometimes |
| 0:16.0 | because we just want to, sometimes because frankly, there's not a whole lot going on. |
| 0:20.2 | I'm not sure which today is. |
| 0:21.9 | It's a little bit of both I think but joining me in studio today |
| 0:25.3 | is assistant general counsel here at the Motley Fool Chris Harris thanks for being here |
| 0:29.3 | thanks for having I wanted and I mentioned this last week I wanted to have you on because there's legal stuff going on out there in the |
| 0:38.0 | investing world that seems to be brewing on several fronts and I wanted well frankly I just wanted to talk to |
| 0:45.8 | a lawyer and and get your take on this and I want to talk about drones flying |
| 0:52.4 | drones because that's that story is progressing on the legal front. |
| 0:56.4 | I want to talk about a lawsuit that some may say is frivolous, others may argue the opposite of that. |
| 1:04.5 | But let's start with class action lawsuits. |
| 1:07.2 | And the most recent example of this |
| 1:10.6 | is lumber liquidators. |
| 1:11.6 | And we've talked about the business aspects of lumber |
| 1:15.2 | liquidators and the story on 60 minutes and how that stock has just gotten crushed |
| 1:20.7 | as a result of that. But if you go to any sort of ticker-based news feed, you |
| 1:29.9 | typing L.L. the ticker symbol for lumber liquidators and a whole bunch of the stories |
| 1:35.4 | you're going to see are not necessarily about the business of lumber liquidators. |
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