RIM (RIMM) Employees Get 'Mischievous' on Flight, Cause Unscheduled Landing
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Several employees at Research In Motion (Nasdaq: RIMM) are apparently taking the decline in operations and its stock price a lot less easily than others.
According to Canada's The Star, two employees were so drunk on an Air Canada flight from Toronto to Beijing, the flight had to make an "unscheduled" stop in Vancouver, BC.
The two employees plead guilty to one count of "mischief," a Richmond court said Thursday. Other counts of "horseplay" and "rough housing" were presumably waived.
The Star said each would offender will be on probation for year and was ordered to pay Air Canada $35,878 each. The two will also be barred from flying on Air Canada or having contact with the crew over the one-year time frame.
RIM said it suspended the individuals involved.
With shares of RIM plummeting nearly 74 percent since last February on lack of investor confidence, times appear to be tough at the Waterloo, Ontario-based mobile device OEM. Just today, RIM said it will take a provision of $485 million on lagging PlayBook sales, and also lowered guidance.
On the plus side, chatter about the lack of clarity on PlayBook sales can at least be put to rest. What's more is there may be upside in RIM yet, as it becomes a better M&A target every day.
According to Canada's The Star, two employees were so drunk on an Air Canada flight from Toronto to Beijing, the flight had to make an "unscheduled" stop in Vancouver, BC.
The two employees plead guilty to one count of "mischief," a Richmond court said Thursday. Other counts of "horseplay" and "rough housing" were presumably waived.
The Star said each would offender will be on probation for year and was ordered to pay Air Canada $35,878 each. The two will also be barred from flying on Air Canada or having contact with the crew over the one-year time frame.
RIM said it suspended the individuals involved.
With shares of RIM plummeting nearly 74 percent since last February on lack of investor confidence, times appear to be tough at the Waterloo, Ontario-based mobile device OEM. Just today, RIM said it will take a provision of $485 million on lagging PlayBook sales, and also lowered guidance.
On the plus side, chatter about the lack of clarity on PlayBook sales can at least be put to rest. What's more is there may be upside in RIM yet, as it becomes a better M&A target every day.
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