I think Elliot gets involved and negotiates with CRMD. Remember, Elliot once impounded an Argentina Navy ship when they couldn't pay bonds Elliot held, and they got the president of South Korea impeached for manipulating a company Elliot was invested in. Just my opinion. CRMD should get reimbursed for their expenses at a minimum. But I also believe reimbursement of at least a portion of fees paid to CRO should occur. Then you could make a valid case for destruction of company value via a negligence claim. I just don't see how CRMD doesn't get a decent settlement. This is total speculation, and very opinionated. I am sure CRO has a story to tell also. But CRMD put CRO in charge of this double blind trial. CRMD should not have been involved at all!!
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