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lightrock

05/27/18 2:20 AM

#13746 RE: learning curve #13743

As a class-action there might be a case to be made, and who knows, maybe that happens next. Shareholders can be damaged too by the same errors of inventiv. If it damaged CVM it damaged the shareholders.

So, on one had I would agree and on the other, stronger hand, damage is damage.

zeezeeman

05/27/18 4:15 AM

#13747 RE: learning curve #13743

"It’s like the poster who mentioned previous r/s be undone...lol "

Who's asking for the R/S to be undone? The R/S happened because of the action or lackthereof by the previous CRO that then led to the arbitration, then why cannot shareholders who were hurt by the previous CRO get reparation from the damage award?

You mean only the company and the management get the damages paid out while aggriefed SHAREHOLDERS who were EQUALLY hurt are excluded??? And you are ok with that? Why have the arbitration, then? And reparation means undoing the R/S only and no other form? Really?

pijoe

05/27/18 10:05 AM

#13749 RE: learning curve #13743

My remark was more so that if a win was granted it isn't set in stone if the insurance company would be the payer, which would probably be a much quicker pay than the loser might pay should the insurance say we aren't paying it due to fraud. That would be a lawsuit potentially at another date obviously.. They may need or argue to make payments or insert payment delay/arrangement here if They feel a financial constraint whereas I would assume it wouldn't take an insurance company long to cough up the money as that is severely bad business for them.