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Robert from yahoo bd

07/30/23 10:08 AM

#760734 RE: Rodney5 #760731

I think J. Lamberth ruled that any other damages besides the one day drop in share price on the Net Worth Swipe announcement date is too speculative.

We know for sure what the market impact was on the day of the announcement and it can be measured with a very high Confidence Interval.

Check out the ruling from July 25th that Navy just posted below.

Will that come up on appeal? TBD.
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Guido2

07/30/23 11:24 AM

#760741 RE: Rodney5 #760731

Rodney: It doesn't matter if it's a penny. A victory in Lamberth's court will snowball and help with other cases. The smaller the payout, the better it is for the corporations as they would be the ones paying the plaintiffs. Not FHFA. Not Treasury. It's important that our corporations are capitalized. That helps end the conservatorship. That's the main reason I prefer the derivative claims to the direct claims. With a derivative victory, both classes of shareholders benefit when the corporations are made whole.