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Sunday, August 20, 2023 3:59:38 AM
I suspect that most shareholders on this board would like the plaintiffs to stand trial and for their despicable behaviour to be brought into the open so that they can be exposed to the public at large for what they are. Hopefully, that will discourage other immoral, greedy individuals/companies etc from repeating their methods and, more importantly, will "encourage" the regulators of stock markets all over the place to enact regulations to proscribe this type of behaviour (if it is not already proscribed).
However, it is quite possible that the plaintiffs will throw in the towel (paying NWBO a huge amount of damages in the process) before any of the evidence of their wrongdoing is substantiated in court. I doubt that any shareholder on this board would say "No" to the damages (unless they wanted more) but at the same time would also feel somewhat cheated that the miscreants' deeds were not being made known widely to the general public.
Questions:
1] If the case doesn't go to court because the plaintiffs accept their guilt and pay damages to NWBO, could exposure of the facts substantiating the case against the plaintiffs be seen as being in the public interest?
2] If so, can the SEC (or some such body) bring a criminal case against the plaintiffs, using the evidence gathered by NWBO and others whether or not the deal with NWBO's lawyers contained any sort of confidentiality clause?
3] If so, is it possible that a trial could be held without the option of a deal with the plaintiffs aimed at suppressing the facts of the criminal case against them?
Your views on this would be helpful in managing my expectations.
Recent NWBO News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2023 08:36:14 PM
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