Dan, I don’t trust LP anywhere near as much as you do, especially when it comes to financial matters. But, and it’s a big but, there is NO motive for LP and LG to knowingly place themselves in legal jeopardy by not disclosing failed trial results within a reasonable and customary period of time.
Neither is there a need to split hairs over the 4 day rule.
That’s purely an academic exercise about when to start the clock - and the legal strategy for how a defense attorney would try to keep their client out of jail. The company is well into having received the unblinded results from the trial. And not meeting end points would already have been disclosed.
The question now is which end points were met, or not. That will largely determine the value of this asset.
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