Wookey and SpaceFace made the whole thing up because it's so much fun hanging out in courthouses and spending thousands on attorneys and filing fees.
I suppose those two companies conspired to frame Smith, Harrington, Cimino, Davies and Does 1-20, and that's why both plaintiffs claim they lost identical amounts - $60,000. Nothing suspicious about that.
Because if you were going to invent an elaborate ruse and file a false lawsuit for fraud, why not conspire with another company who can corroborate your story? Nevermind that it's doubly hard to keep your stories straight with two plaintiffs. And they didn't just sue Steve-o, there's a whole bunch of defendants, why pull in all those extra people who could testify as witnesses for each other and quickly prove the plaintiffs are just trying to squeeze $120k out of the defendants?
You think they made up all those meetings and transfers? Bank transfers are incredibly easy to verify - you'd have to be a complete imbecile to claim there were two $60k transfers when there really weren't.
And if that were the case, Why isn't Smith & the others suing SpaceFace & Wookey for fraud?
It seems I didn't pay close enough attention before, because Wookey was supposed to receive the shell PBYX, not SHRK or EEGI (I haven't read the complaint in its entirety, just various sections).