Tuesday, January 18, 2022 11:50:58 AM
Certainly, based on Judge Borroks ruling, it would be surprising NOT to see some new parties intervene and try to get a slice of the $300 million.
But nothing has changed, fundamentally.
The case is still a derivative action, and that means there is absolutely no case law support for Borrok's decision. I still am confident the decision will be reversed, and I bought some more on the drop today.
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