Wednesday, October 16, 2019 3:54:10 AM
I have seen judgements for as little as $1.
As far as this case goes the best I can do is calculate that each $6m of settlement would represent about .009-.01 in share price.
If you search through the board you will find estimates range from $3.5m- $150m
The short version is that GDSI (purchaser) is suing Rontan (seller) for failure to perform under a Purchase Agreement. There are several links to the complaint throughout the board and in the “stickie” section at the top of this forum.
GL
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