we've been thru this ad nauseum- plaintiff has the burden of proof to prove their statements re false and misleading claims-
imo nothing in the complaint has done so- what the complaint is really trying to do-using the worse kind of ambulance chasers- is create a remarkable precedent to retroactively change the law of notice,which effort has to fail for at least 2 reasons:
1)the law of notice and what constitutes legal notice is codified in statutes and court rules
such law cannot retroactively be changed,let alone dramatically by a court -especially a trial court
2)a tweet and or an incomplete copy of a notice by the sec denying a foia request to a private party not connected w zn is NOT legal notice to zn of an investigation by the sec (prompted by a complaint to the sec by a self appointed private party watchdog)
complaint says zn knew of investigation- no proof of that has been shown in the complaint!!!!
and of course ambulance chasers will demand a jury trial -they know the law is not in their favor-that based on what i've seen so far the judge would have to dismiss the case - so they use the constitutional right to a jury trial to advance their case to a jury trial
they want a jury trial to play the magicians trick - get the juries eyes off the law and get them to focus on some party presented to the court-e.g an old grandma in a wheel chair
but the judge will give instructions to the jury re the law and if the jury violates the law the judge has power to dismiss the juries 'findings'
well, nobody is guaranteed the sec wont investigate a company and stockholders are not guaranteed they wont lose their money-that is the most basic law of the market-
if holders are guaranteed then brokers etc during the unprecedented reverse robinhood scheme swamp era illegally participating in a private public eminent domain scheme to steal their innocent 3rd party clients money owe thousands of ppl in thousands of companies untold millions-which is where there should be a class action
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
