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Re: samsamsamiam post# 39270

Thursday, 03/10/2022 10:26:47 PM

Thursday, March 10, 2022 10:26:47 PM

Post# of 69110
The Calasse lawsuit is a last grasp at straws. Highly unlikely it will impact anything moving forward because the court has already decreed the matter is settled. Just because an individual doesn't like the outcome of a ruling and refiles a suit doesn't negate the previous order a judge has issued unless there is some new revelation that a court would deem necessary to review that would possibly overturn the previous court's ruling. At that point the court would issue a stay of the previous ruling. To my knowledge that doesn't exist and hasn't happened here.
As for Finra, you are indeed correct. My comment was based upon the possibility, not the likelihood, of those changes happening expeditiously. Not knowing what if any backlog Finra currently has will certainly impact the time frame, but my guess is we're looking at no more than a couple of weeks tops. We should get a PR soon after the ink has dried.

My posts here are simply my expressed opinions, and should not be construed or taken as advice to trade in any security mentioned. Trading and investing involves risk, and proper due diligence should always be exercised prior to doing so.