Replies to post #345212 on Mr Cooper Group Inc (COOP)

[Royal Dude]

I do not think they will let anything get settled without the releases. That is the greatest quandary. They will give anything of value without releases LOL

[wamuvoodoo]

i'm a gambling rambling man ,i'm hoping for the trial

[Tulokid]

Again, I agree completely. Why would we give up the bird in the hand (settlement) for a "chance" to get a recovery through litigation. We all thought we had a sure case at the beginning of this WAMU mess but after three years, a lot of what we thought would happen, didn't.

Shares in a new company will increase in time and can have the same end result as successful litigation. But, your risk is greatly decreased. If the litigation only route is unsuccessful, you are left with nothing. To me, this hero or zero talk on the boards is foolish.

A settlement, giving us some cash for the preferreds and shares in the new company, with a litigation fund is the way to go.

[hestheman]

This is that once in a blue moon time where I am actually optimistic about this possible settlement that may be happening behind the scenes.Yes, it is possible we could lose in an IT trial but you have to think about what it would mean for the other party that commited the crime. It could possibly mean prison time. Are THEY willing to RISK that in a trial. This is how sometimes things spiral out of control for those that think they can't be caught or do time and before they know it they are behind bars wondering what in the world happened. I don't think the SNH's are going to risk that. I think we may see a better settlement than anyone here is anticipating. GLTA