Hartcourt Companies (fka HRCT)

[500_and_Long]

appeal to what end?
As I stated in my post, to get the fine vacated???
what makes you think HRCT would prevail upon appeal?
I stated that it was just my opinion from various broker activities challenging SEC suits JMO
losing a summary judgement means that the case is effectively open and shut.
That's not true, the case is not over until HRCT accepts the judgement or the courts of appeal say that HRCT has exhausted all appeals.
Legal expenses would certainly be ongoing and an uncertainty remain.
I can't fathom ongoing legal expenses to be over a million, so a reduction or vacate of the current fine would certainly seem to be in HRCT's favor. JMO
One point on EC's earlier post. Legal expenses are not necessarily paid "as incurred". Oft times legal fees are last bill paid by companies not the first.
Well I certainly do not know when the legal expenses were paid, do you? or is it just everyone's opnion?
Btw, hard to believe we lost with such a "serious" legal firm.
I think that they came in at the end and just let the procedings travel their current course, they may indeed now challenge and push their weight around JMO
David