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Monday, September 16, 2019 9:30:29 PM
Brydon is correct that the warrants are "invalid" because they were a "taking."
I'm glad you used quotes, because otherwise your statement is incorrect. All you did was quote an allegation from a plaintiff, not a finding by a court.
Also, notice that these plaintiffs do not seek to overturn or otherwise invalidate the warrants. All they seek is money damages for pre-conservatorship shareholders. That is, even if they win the warrants will still exist.
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