Fred
Based on the following, would you really want to be the last ELEPHANT in the room in a case like this and in front of a JURY over it.
This make UBS appear as ONE OF THE LAST ARROGANT DEFENDANTs , while OTHERs are apparently settling and admitting some mistake or liability.
LETTER MOTION for Conference Regarding Preliminary Approval of Exchange-Based Plaintiffs' Settlement with Remaining Defendants addressed to Judge Naomi Reice Buchwald from David E. Kovel and Christopher Lovell dated April 9, 2024. Document filed by 303030 Trading LLC, 303030 Trading, LLC, Atlantic Trading USA, LLC, FTC Futures Fund PCC Ltd, FTC Futures Fund SICAV, Gary Francis, Gary Francis, Nathaniel Haynes, Metzler Investment GmbH. Filed In Associated Cases: 1:11-md-02262-NRB, 1:11-cv-02613-NRB.
Also ever day that goes by, the values GO UP, if I was acting as their counsel I WOULD SUGGEST they settle SOONER THAN LATER, like yesterday.
Holding out in this case is a very bad legal decision to make and in turn will cost them much much more.........................IMHO
