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Re: georgebailey post# 693555

Friday, 05/24/2024 8:41:57 AM

Friday, May 24, 2024 8:41:57 AM

Post# of 703849

BB- I plan to vote for the additional comp to help make the litigation as you described go away.


A Yes vote does not make the lawsuit go away.

First, as already ruled by the Court wrt the 2022 vote, failing to disclose that the award was actually a true-up nullifies it. The Court must accept plaintiffs argument on the true-up nature as valid at this time (can be reviewed after discovery). And if true, then NWBO should clearly disclose that the award was at least partially to make up for dilution.

Second, even NWBO does not even state the case goes away., They state they will seek dismissal of part or all of the case. That is a far cry from saying it will go away.
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