You are right ... Weil has not come close to moving this ligitation against JPM/FDIC to the equity shareholders satisfaction. Venable lit a fire under their feet last week with the threat of the stockholder's meeting in April. Weil now has to protect that territory and can't worry about JPM!!
The assets of WMI WERE fraudulently taken, WMB value was NEVER paid to the holding company and shareholders as other banks were paid when taken at that time. Venable and the EC are there to make all parties accountable now! And ... they have the backing of the UST and the Judge to make sure it happens.