Would appear that Comery was brought in to continue the same scam Conboy was running, so 'new management' was carefully chosen. They just came in after most of the meat was picked off the bone.
There's a lot of subterfuge to the lawsuits, and would appear to be an effort to make a balance and avoid final litigation (IMO). Maybe arbitration in the end? $0 + $0 = $0? Vuozzo's probably moved his assets so he can avoid paying a possible judgement due to the BK filing. Maybe a lawyer on here can inform us of how effective, or not, that strategy can be.
Meanwhile, you are correct. All these guys took their eye off the ball, and Conboy is out selling their deal, again. That's the guy they need to be chasing, but he's probably the last guy they want to get into court with. Backed in a corner, one side or the other will eventually start singing. An awful lot of dirty laundry piled high and deep.
That may not be necessary if the Pitt suit eventually unravels the whole Eco game....but those can take years. I wouldn't assume Conboy walks, yet. Changing jobs won't absolve you of a past crime, if one was committed. At the least, THAT lawsuit will reveal that there are no warranty reserves (which their past filings also reveal).
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