Friday, June 09, 2023 9:36:39 PM
Once the Warrants are exercised, new lawsuits begin.
Once those lawsuits are filed, FHFA and Treasury both start laughing so hard you will hear them all the way from DC.
Those lawsuits will not undo the dilution, and the most that common shareholders could recover is the drop in share price from the day before to the day of warrant exercise.
What violation of the law would the lawsuits be about anyway? Please please please say "takings" so that I can have a good guffaw myself.
And no, the statue of limitations countdown does not start until the warrants are exercised. Also, already stated by the plaintiffs lawyers.
Which plaintiff lawyers stated this? Please provide a link and a quote.
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