Oh, boy. Pagliara didn't mention "$12 of back dividends". He said in the email posted by the accomplice @navycmdr:
As the lawyers for Perry have stated, Lamberth provides a path for a $12 damage model.
Why don't you keep quiet? Or, if any, ask him why he filed a form 13F report confidentially on May 3rd while demanding transparency to the UST at the same time, or why he said he sold off all his holding of FnF common stock, but he still holds a few, why he wants to rip off the existing shareholders proposing plans that end up in a 98% dilution so that the hedge funds buy tonnes of stocks in multiple stock offerings, why he looks like a snake oil salesman when he smiles, etc.
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