Its not the total amount of shares that matters, it the total amount of price destruction these shares caused when used for spoofing and front-running. Do you honestly think Cohen and Ms. Posner would take such a case if they thought couldn't make bank? This is a Super Firm not some Morgan and Morgan type Firm trying to settle with a insurance company over a auto wreck for $50-60k. They have $100s of millions on the mind.
So also on that day they announced that L failed PFS even presenting a slide, and Liau was a no show. Tough case to make.
This has nothing to do with the case. Also, it wasnt one day at question (5/10/22), it was 4 years worth of trades.....200+ trading days I believe. I suggest you take a peak at the compliant and what was filed by Ms. Posner, THEN re-visit your post and make a educated comment.
It's still not clear to me when the company discovered the spoofing, did they suspect back in 2017-18 or just recently?
Once again, I suggest you go back and read the compliant in its entirety. You just dont wake up one day and have this type of information....4 years worth. They were documenting this for a very long time. I suspect they waited until after trial results were known to file the complaint, as from a business standpoint there was a lot less uncertainty once trial results where known .