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Guido2

06/21/20 10:55 AM

#615974 RE: Always wondering #615966

ano's point is the STATUTE OF LIMITATIONS. Many courts have ruled that conservatorship transferred the shareholder rights to the conservator. That puts a hold on the statutes of limitations for pre-conservatorship shareholders. I strongly urge pre-conservatorship shareholders to retain their shares and rights to sue if the terms of release hurt the corporations (exercise of warrants) or hurt themselves (conversion of either/or SPS,jps).

kthomp19

06/22/20 4:06 PM

#616254 RE: Always wondering #615966

I truly believe we will all be treated equally regardless of when you bought common shares.



If all direct claims are dismissed then this should end up being the case.

If one purchased stock pre conservatorship and sold either pre or post conservatorship, wouldn’t they have still been harmed?



This is exactly right. If justice is to truly be served, those who held shares when conservatorship started should be the only ones who benefit from a resolution, regardless of whether they sold their shares since then. The same goes for the NWS.

Anyone who argues that shareholders deserve justice due to past government misdeeds, but also argues that benefits should accrue only to current shareholders and not those at the time those alleged misdeeds happened (to the extent that those two groups do not overlap), suffers from a severe case of cognitive dissonance.