Tuesday, May 19, 2026 9:28:31 AM
That is not how I would look at it.
Even if damages are proven, there is likely one overall damages total tied to the alleged price impact and affected transactions. Multiple defendants might pay into that, but the damages do not automatically multiply by the number of market makers.
We also do not know whether the Canaccord settlement was significant. The funds went into escrow, so we do not know the amount.
Nevertheless, seven defendants does not mean seven jackpots.
Even if damages are proven, there is likely one overall damages total tied to the alleged price impact and affected transactions. Multiple defendants might pay into that, but the damages do not automatically multiply by the number of market makers.
We also do not know whether the Canaccord settlement was significant. The funds went into escrow, so we do not know the amount.
Nevertheless, seven defendants does not mean seven jackpots.
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