- As expected, the harpie-lawyers in San Diego
and Philadelphia filed a shareholder suit on February 2, 1992.
Autodesk's general counsel described this action as ``one of the many
repugnant lawsuits filed whenever high-technology companies' stock
prices drop, '' asserting ``the lawsuit is meritless, and (Autodesk)
will defend the action vigorously.'' On December 9th, 1992 Autodesk
settled this lawsuit by paying $5,000,000 into a settlement fund.
This was described to me as a ``risk avoidance business decision.''
Autodesk employees were provided claim forms so they could share in