I think a $15 bv would strengthen the damage claim. If bv comes in at $5, then you’ve got to think it was at least partially a house of cards.
If it’s $15 then Bass was obviously wrong. Since they haven’t paid more than token dividends the last 5 yrs, you could claim bv would be north of $20 by now, absent Bass. Not to mention the other growth initiatives...new debt, etc.
In the Lennar case, I think damages were based entirely on the hit to market cap.
Not to mention that I’d rather own stock in a legit business as opposed to being dependent on a lawsuit victory (which will drag on in appeals if UDF wins, plus they have to actually be able to collect any damages that are awarded).