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| Alias Born | 11/08/2021 |
Sunday, November 19, 2023 10:19:49 AM
when the best defense is "I only robbed $94k from you", you're in trouble
fyi - if you read the summary or the transcript itself you would realize that the issue of how much exactly Defendant's profited is a battle for the experts to decide and plaintiffs (nwbo) are claiming much more than 94k in value and that isn't even considering NWBO sold 200m+ shares at depressed prices. This isnt just how much the bad guys profited but how much nwbo was damaged as a result of the bad guys actions. We haven't even begun to talk about punitive damages. What sort of punitive damages will deter this type of future behavior by defendants that profit billions? Billions in punitives? Hundreds of millions? Obviously, the tens of millions in fines havent worked as a deterrent. That is what a jury will be deciding. Punitive damages could come in at a few multiples of any actual damages.
Anyways, I'm sure the hedge fund social media army loves the narratives your misleading posts are pushing. Keep up the good work my friend.
fyi - if you read the summary or the transcript itself you would realize that the issue of how much exactly Defendant's profited is a battle for the experts to decide and plaintiffs (nwbo) are claiming much more than 94k in value and that isn't even considering NWBO sold 200m+ shares at depressed prices. This isnt just how much the bad guys profited but how much nwbo was damaged as a result of the bad guys actions. We haven't even begun to talk about punitive damages. What sort of punitive damages will deter this type of future behavior by defendants that profit billions? Billions in punitives? Hundreds of millions? Obviously, the tens of millions in fines havent worked as a deterrent. That is what a jury will be deciding. Punitive damages could come in at a few multiples of any actual damages.
Anyways, I'm sure the hedge fund social media army loves the narratives your misleading posts are pushing. Keep up the good work my friend.
Bullish
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