Monday, May 23, 2016 9:49:22 PM
For those who are interested, and for the sake of accuracy, this is right out of Pacer, what the Judge ACTUALLY said:
"In reviewing the Amended Thirty Party Claim, it appears that Supreme Energy attempted to smuggle in a new claim arising under section 20(a) of the Exchange Act. In the initial Third Party Claim, Supreme Energy did not allege this claim.
Nothwithstanding the fact that this Court finds a claim was insufficiently pleaded, Supreme Energy did not seek leave of the Court prior to alleging this claim. Accordingly, this Court is sua sponte dismissing Count II in Supreme Energy’s Amended Third Party Claim"
There is no mention of "scienter" or "fraud" and there is no "being handed over for investigation or prosecution of MW" or even implied.
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