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Re: CHIEF-RISES-ABOVE post# 68017

Wednesday, 05/16/2018 10:59:53 PM

Wednesday, May 16, 2018 10:59:53 PM

Post# of 139609

"CMG also claims the shadow company, HudsonGray, stole existing and future business. CMG is asking for $20 million in compensatory damages, wants three times that amount for the alleged racketeering scheme and ten times the amount as punishment to the defendants. That may sound excessive, but U.S. District Court Judge J. Paul Oetken didn't think so: "Given the chutzpah with which Defendants allegedly executed their schemes, the Court finds that the request for punitive damages is sufficient to survive the motion to dismiss." https://blogs.findlaw.com/courtside/2016/09/200m-lawsuit-charges-hollywood-party-planners-with-racketeering-shell-game.html



That may sound excessive, but U.S. District Court Judge J. Paul Oetken didn't think so:

So CMG is asking for $280,000,000 and the Judge doesn't think its excessive

What more can we ask for, I'll definitely be picking up more shares now.

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