Reference no: EM133056002

You are the newly hired Finance Officer of FC Products, a large manufacturer of industrial products. Yesterday morning the president of the company called you and other senior executives to his office where he stated that a competitor was about to file suit against FC for patent infringement. Regardless of the merits of the case, it will tie up the company's talent for a long while and will be quite costly to fight. The effects on the company's prospects cannot be measured, but it is possible that they will be severe.

This evening your father called from your home city, where he and your mother have lived in retirement for a few years. You chatted about the weather, the children, and other such things. Then he told you that he had just bought shares of stock of FC Products because he knows that any company you worked at would do well.

Required: What would you say to your father? Explain and justify own way in not less than 5 sentences.