Some people people may not be so good at negotiation. A desire to settle quickly for small amounts can sound like an argument for defendants in a suit. There is clearly no reason to concede. This is going to be a huge gold mine for plaintiff’s attorneys to expand their knowledge of how business us really getting done at these unprecedentedly conflicted market makers like Citadel. No one has any reason to concede and exposing those secrets is going to be extremely valuable.
Can’t wait for discovery to get going. A lot is going to no doubt be discovered. And at every level, new opportunities to depose and get even more information could create even more opportunities for massive damages. This is a layered case with lots of deep pockets. Some of those parties, at the end of the day, May face not just civil liability, but also criminal liability. Discover will tell us more.