Friday, July 23, 2021 10:10:39 PM
Final and most relevant statements:
21.Discover has not sold OWCP stock in an attempt to intentionally hurt the company or its stock, but rather in a manner consistent with Discover’s (and my) ethical responsibilities to maximize its total long-term return on investment in the most professional and prudent manner possible. Discover has never engaged in any fraudulent or manipulative activity.IV.Discover is not a dealer
22.I am advised thatOWCP contends that Discover has acted as a dealer. That is not true.
23.Discover is an institutional investment fund, not a dealer. Discover does not buy and sell securities to customers. Discover does not have any customers. Discoverdoesnot solicit investor clients, handle investor clients’money or securities, or render investment advice to individual members of the investing public.
https://www.docketbird.com/court-cases/Discover-Growth-Fund-LLC-v-Owc-Pharmaceutical-Research-Corp/nysd-1:2020-cv-02857
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