Replies to post #24336 on Liberty Star Uranium and Metals Corp (LBSR)

[king yukon]

Sounds to me like they are so used to getting their way. Thinkin that they can bowl over all SEC investors and the Courts. They do not have a case basing this on EXPECTATION. Their assumption is not a condition of the agreement. They are angry that they acted in haste.

[lilpuppy6]

Agreed, The judge will have his or hands full.

IMO,there seems to be a potential gray area that the complainant could assert regarding the type and quality of non disclosed allowable information, that COULD have affected a different outcome.."allowable full disclosure".

Insider trading fiduciary responsibilites on LBSR's part, are not automatically a wholly defensible argument to dismiss a case.

The judge will have to decide what information if any,could have been shared,that could have creative a different capital agreement outcome. ALSO,Did LBSR'S management intentionally witheld such information,with bad intentions.

Some here are confident that they have previously been bested in past legal proceedings,however just like stocks,"past performance may not be indicative of future performance".Just saying.

Fraud assertion could possibly overcome the insider trading defense...again..it's about,did LBSR management witheld certain information,that would not fall under the insider trading defense. Had the complainant knew,could have avoided a financial harm.

Seems most here have not been paying attention to the big financial houses getting sued by thier own investors, over these very issues these days.

One way or the other,I think LBSR has a bright future ahead,however some strong turbulence may be on the horizon PPS wise IMO.

Not for the faint of heart.

All IMO