InvestorsHub Logo
Followers 22
Posts 7126
Boards Moderated 0
Alias Born 03/21/2012

Re: QuantumTravesty post# 100098

Saturday, 05/08/2021 5:25:12 AM

Saturday, May 08, 2021 5:25:12 AM

Post# of 104562
Personally, I see a parallel with the K&L case. If the TX court determines that K&L was in the wrong, what was the actual loss or harm to QMC. Obviously, like L2, QMC is looking for an award "disproportionate to the harm."

And while it has been speculated here that K&L advised L2 to pursue shares based on something privileged that was said at a board meeting, the Kansas ruling discusses how L2 regularly looked to get deeply discounted shares that they could sell at a profit. That's what they do. They didn't need that guidance from K&L.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.