UnifiedOnline Inc fka UOIP

[AllinFun]

I was not aware such high haircuts were taken at settlement in cases of this magnitude. If that is the case you might be closer to the ballpark than I was in my estimates. Even with the 40% haircut at settlement I don't see how it could be anything below $750 million. 40% just seems really high but when there are other forces at will here as SN noted - influence from large companies, it might cause the plaintiff to settle for much less than one would think to walk away without anymore exposure to risk.

I'm in the boat of those thinking this will not settle now anyhow. I believe we will be going back to trial and will see an appeal. This could take another 10-11 months in worst case scenarios in that route. Regardless there is a lot of money on the table here and we need to make sure that the SS is correct and accurate. We need to make sure the fraudulent actions (IPNav cut and UO!P cut) are withdrawn altogether. We also need to figure this Bentham ordeal out if it's possible. The 25% of a multi-hundred millions settlement or billions verdict is absurd in a big way and the loans that Carter/Leane took should not effect our share of the final amount.