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Re: CrashOverride post# 675958

Monday, 03/04/2024 5:09:42 AM

Monday, March 04, 2024 5:09:42 AM

Post# of 700308

We are approaching the stage where settlement seems probable after MTD denial.


Strongly disagree.

The Finacial TImes article notes:

If Citadel Securities and its ilk are to beat this case and prevent a string of copycat suits, they will probably have to give the rest of us more of a peek ...



The FT writer is saying there will be copy cats if they do not win in Court. So a settlement here would just mean a wave of lawsuits as almost any company can show this type pattern (canceled sell orders with the MM also buying at about the same time) whenever there is a market sell off.
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