I believe he bought the last 40 million thinking they would probably be the lowest PPS and the best averaging down PPS .. not figuring on any lawsuits, stiffing the mets or MSG or bouncing checks .. he most likely believed the insiders when they told him ( I'm going to assume he placed a call to M&M at the time of the suspension' I would have in his position ) .. I'll bet he was told - its no big deal, the civil charges will be cleared up or dismissed - we will file, and its business as usual
gulp! surprise! no filing and new law firm who specializes in white collar crime