Replies to post #557642 on Mr Cooper Group Inc fka COOP

[Civil War General]

Rotella was an ex JPMC Employee....
or was he just a spy facilitating the takedown and acquisition of WAMU by JPMC?

[jerrylev]

HHHHHMMMMMMM, I don't understand, If there were any stock options that were vested while those employees were employed, those shares were theirs and it does not need a court order to award them. However just like any other shares that people buy on the open market, those employees had to RELEASE.

Now if the shares are not vested yet then at the most, these employees will get either COOP shares from the disputed pool, or cash, but never escrow equity because the employees never signed release in 2012.

In another word, signing release is the key,

I think that you are making a mountain out of a molehill just like the underwriters theory.

[PickStocks]

They were fighting to become part of the whatever the equity distribution would be if they could have their vested equity options turned into common shares.........

If they did succeed, they would get paid twice, once from JPM and the other from WMI......

[Boris the Spider]

Dmdmd, yes, the employees know there is great value in hidden assets.

Why else would they have fought till the end? Obvious through the lawyers encouragement. Milking 101. Their good news is, no doubt many of them do hold escrows in their families' accounts. They will be fine. Now they too can get paid.

[Major_Bankz]

ONLY 2.8M Total shares for all former directors, I think they are expecting at least $50 per share payout for common escrow. IMO!

[Major_Bankz]

I think your $85/ WAMUQ escrow prediction will be close. IMO!