Triad Guaranty Inc (TGIC)

[hawkmd]

You already got news a couple months ago. They finally got cleared from the lawsuit. Now is all about the NOL appeal. Here:

Triad Officers Cleared In Securities Class Action Suit

By Ben Conarck
Law360, New York (March 31, 2015, 1:30 PM ET) -- A North Carolina federal judge on Monday dismissed a proposed securities class action accusing officers of mortgage issuer Triad Guaranty Inc. of misleading investors over the soundness of its modified insurance pools and the inherent risks involved, saying that the complaint did not sufficiently plead scienter, among other deficiencies.
U.S. District Judge N. Carlton Tilley Jr. went against the recommendation of a magistrate judge, ruling that the plaintiff’s allegations as a whole did not sufficiently plead scienter to the extent that it was at least as compelling as any other inference one might draw from the alleged facts, and granted the motion to dismiss filed by individual defendants former Triad President and CEO Mark K. Tonnesen, who has since retired, and former Senior Vice President and CFO Kenneth W. Jones, who is now the CEO and principal finance officer of a Triad subsidiary, according to its website.


http://www.law360.com/articles/637449/triad-officers-cleared-in-securities-class-action-suit