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Thursday, December 08, 2022 2:57:23 PM
I haven't taken the time or interest to dig into the weeds at this point, since I have no financial losses here. My only interest was to let others know (based on past exposure) who KB and Barb were in the real world.
Regarding your two options. There is a third possibility.
Given KB ego don't be surprised if Herzog and him parted ways due to Berman an unwillingness to listen to reason. After watching how Berman went after the SEC, it is very possible that Herzog became no longer interested in representing a mad man.
That being said, I believe your first option of NO MONEY "may" have played a key role. However, once a firm is engaged, it is not uncommon to carry the client over the finish line without getting paid. It is difficult for a firm to legally walk away when their client runs out of money.
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