3 ms·
I really don't get these lawsuits. To me it looks like a bag holder suing the bag. - A is lucky or has insider knowledge and sells to B who is unlucky, ignoran
by heisenbit 10y ago
I really don't get these lawsuits. To me it looks like a bag holder suing the bag.
- A is lucky or has insider knowledge and sells to B who is unlucky, ignorant or duped.
- C are other shareholders now having traded
If company i.e. the bag has to pay out B then
- A got lucky
- B got put neutral
- C i.e. a neutral third party investor is coughing up the money
Makes no sense but keeps the courts busy.