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Thursday, March 08, 2018 8:02:16 PM
Of course it was. That is the point of 3(a)(10) actions. The parties to the suit agree--very, very quickly--to a mutually beneficial settlement, often in the space of a single day. The judge signs off on the settlement agreement, and orders the issuance of billions of shares of stock that will be free trading upon that issuance.
And you believe that's a Good Thing? For a fuller understanding, I suggest you read this:
https://repository.law.umich.edu/cgi/viewcontent.cgi?article=1039&context=mbelr
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