Mr Cooper Group Inc (COOP)

[dianebRN]

If you look at the stock share swap for employees from a JPMorgan point of view, it doesn't make sense to me that they would ask their "new" employees to sell for the current PPS. Keep in mind they are positioning themselves as innocent and that all claims are "ridiculous", I think JD said. I wonder if employees have stock options or JPM is offering an exchange rate. There must be more to the story than I've read so far. I know they're "rat bastards" (my favorite expression I learned on this board)but from a Human Resources standpoint their proposal would cause havoc with 32,000 employees and more potential lawsuits. Does anyone have anymore detail regarding this employee share swap?