Moatable Inc ADR (MTBLY)

[downthehatch]

Wow-- thanks for posting. That is quite significant, and indicates that the judge does recognize that his ruling cannot stand on appeal.

Now the question is whether the Plaintiffs - and their lawyers- will accept that compromise, take a little less in fees and per share dividend, to save what is likely to be months of continued litigation to have the judgment overturned.

My guess?
It's not a bad deal, and as the saying goes, "a bird in hand is worth two in the bush"

$50-60 million for the lawyers is still a pretty good haul!

We'll see! Not much point in selling today, thats for sure.