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