Moatable Inc ADR (MTBLY)

[downthehatch]

I'd be surprised to see this case make it to a jury. Much more likely to be settled, especially because Chen wants to stay active with SoFi, and he likely cannot do so while this case continues to be active, especially with SoFi going public through the IPOE SPAC.

He needs to get the derivative litigation settled, and the only question now is how much that settlement will be. I suspect more than $250 million, but less than a billion.

I could be wrong, but that's my gut feeling on the settlement value to both sides.