Cu_t Kramer's latest missed steak is cheaping OUTT on legal counsel. I looked into the micro-lawfirm that issued the PR and the firm's lawyers and am, being charitable, very unimpressed.
NEVER cheapiOUTT on lawyers, physicians, dentists, accountants, or bodyguards. If you do, it will likely cost you a lot more in the long run.
This case will be decided at the appellate court unless Cu_t gives up after a trial court loss. As such, this case requires excellent appellate lawyer(s) who specialize in Federal appeal work (and do mostly nothing butt appellate work) on the trial team to ensure the litigation is conducted so as to tee up the appeal and preserve (by raising) all issues and evidence needed to maximize the chance of success on appeal. To optimize the trial court record and nott impair or fail to raise key appeal issues or support them adequately with evidence and timely motion practice.
This case ends two ways - Cu_t accepts a loss at trial or the case goes to appeal and is substantively decided at the appellate level based on issue(s) of law, nott issues of fact. If Cu_t somehow prevails at the district court level, the SEC will certainly appeal.
Cu_t should shellQUTT the bucks for better legal counsel at a shop that has excellent Federal appellate lawyers,trial lawyers, and robust securities practice. Offhand, this would be an AmLaw100-level firm or,, reaching down, AmLaw200-level. IF they would take PowerUp and Cu_t as clients.
Cu_t should have learnt from his Mazuma experience.
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