Correct, Ron. And that's why there will be a settlement.
The hedgies know they could win this easily in court, but have not sued because they no doubt know that this will be settled. Why else wouldn't they sue? They all knew this was an unjust taking.
Yet, that is exactly what happened. There were a lot of things that happened back in 2008/9 that were not exactly right, but it took place anyway, and no one went to jail for it