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Beancounter73

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Beancounter73

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Monday, 10/24/2022 2:05:37 PM

Monday, October 24, 2022 2:05:37 PM

Post# of 81788
You are correct, Dog. Not sure about future legal actions as there are probably more ongoing investigations by the SEC but these first two suits are all about damages - RICO vs Usury. The SEC has already proven the Lenders did not have Broker-Dealer Licenses. So, its all about how many $$$ they owe the borrowers. The Company is following the work already done by the SEC. Now, you can bet the Defendants will file Motions to Dismiss and if they lose, the amount of settlement $$$ goers up substantially.
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