You do realize that if the case is tried, it is very likely the MYDX CEO will testify under oath and be subject to questions asked by defense counsel, right?
And since the plaintiff’s claim is that MYDX has been harmed in reputation and valuation, that opens the door for the defense to ask some very poignant, detailed questions about the company’s finances....every little thing in the MYDX filings with the SEC will be fair game.
And according to those financial documents, MYDX spent a lot of money on companies that are currently under SEC investigation (the $1.7M “China deal”).
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