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Re: Smooth_Legend post# 898

Friday, 04/23/2021 2:29:27 PM

Friday, April 23, 2021 2:29:27 PM

Post# of 1063
It is certainly possible that the value of the settlement could be higher. I was simply posting that I'm not interested in selling after this 2 day 15-20% rise.

I do caution that a settlement, by its nature, is generally a little less than the actual value claimed by the plaintiffs. Otherwise, it makes little sense for the defendants to settle.

Also, a settlement is usually expressed as a straight cash amount not a transfer of shares, even when the allegation is that shares were illegally or wrongfully transferred. That's mainly because transferring shares gets complicated with timing, fluctuating prices, etc. which makes reaching a settlement amount that much more complicated.