Mr Cooper Group Inc (COOP)

[rramirez82]

I believe the pre-seizure shareholders' interests are already being represented by the Equity Committee, so if the case is settled or resolved by the court they would be precluded from bringing a class-action forward by the doctrines of collateral estoppel and res judicata. However, it seems to me that employees harmed by the seizure and subsequent fire-sale may have different claims and might be seeking different relief. If so, they might have standing to pursue those claims.

Those are my thoughts based on my understanding as a law student. I'm not an expert yet and although I did well in my Civil Procedure classes I have never been involved in litigation of this kind of magnitude - so please take what I say with a grain of salt.