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Sunday, October 18, 2020 11:15:06 PM
Legal bill means expense
Quite different than legal settlement proceeds
That footnote is supposed to encompass all aspects of litigation - legal bills, settlements, gains and loss contingencies, but they note nothing for the 2019 10K, nor the Q1 or Q2 2020 10Qs. Case was closed in late January of 2020.
I'm thinking the litigation on that was probably less than 20-30K, max, of legal fees. She's probably at 650-750/hour or so and I can't see her time being over 200 hours (probably much less). Add in the partners' hours and you're probably looking at a max of 30K.
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