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Re: None

Wednesday, 09/16/2020 9:17:58 AM

Wednesday, September 16, 2020 9:17:58 AM

Post# of 1343
Sept Update: Sucesores de Don Carlos Nunez y Dona Pura Galvez, Inc. v. Societe Generale, S.A.
https://www.pacermonitor.com/public/case/32146453/Sucesores_de_Don_Carlos_Nunez_y_Dona_Pura_Galvez,_Inc_v_Societe_Generale,_SA

100X Original Amount X5 of them 500X Original amount?
BBVA SCGLY BNPQY these 3 may have already made settlements NTIOF BNS ??? settlement[link]

The plaintiffs said they own a claim to 10.5% of the equity in Banco Nacional de Cuba, roughly the percentage that Banco Nuñez represented when it was seized. Lawyers for the plaintiffs at Kozyak Tropin & Throckmorton based the $792 million damages estimate on Banco Nuñez’s $7.8 million worth at the time, plus 6% annual interest and triple damages under the Helms-Burton Act, a 1996 federal law.


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88.888X Original Amount Against 1 but 4 of them so it it X355.555
CCL NCHL RCL MSC Cruises See all 4 PaceMonitor [Links]

For example, the claim against Carnival Cruise Lines is based on the company’s use of a pier which was confiscated in 1959. The claim is for the value of the pier plus interest, which means Carnival is facing a claim of $9 million plus 60 years compound interest (interest is set at six per cent by the FCSC), and the possibility of being hit with treble damages[2] which could amount to a sum in excess of $800 million. This is despite Carnival only using the pier since 2016.


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SupercaliFRAZalistic


More Than Meets The Eye
Companies are chronically overlooked by Wall Street. Wall Street coverage is positively correlated to a company's market capitalization, leaving smaller-cap stocks with less coverage and greater opportunity for mispricing. Institutional investors often spend little effort researching micro-cap and small-cap opportunities because of their limited impact on major indices. This lack of coverage allows disciplined Investors to buy stocks that trade for less than their intrinsic value.

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