Mr Cooper Group Inc (COOP)

[mordicai]

Recovery by the holding company under the bankruptcy code is not dependent on proof of any conspiracy. The 2004 discovery may lead to evidence of a conspiracy and the filing of additional claims by the holding company in the future, but most of the holding company's bankruptcy claims are based on provisions of the statute that just require a showing of when the transfer was made and/or that fair value was not received. The texas action is the case alleging a conspiracy and the holding company is not a party to it, the bond holders are the plaintiffs. So the texas action is the only thing he can be talking about.