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They announced that this was coming a while ago, but I’m curious- is there any financial advantage to them IPOing now with respect to the lawsuit? Like say if
by pricetag 9y ago
They announced that this was coming a while ago, but I’m curious- is there any financial advantage to them IPOing now with respect to the lawsuit?
Like say if the lawsuit cleans them out, does being a publicly listed company vs a private one make for a different outcome?
Looking to hear from someone who’d have some domain knowledge on this stuff.
EDIT: Or possibly the other way around, does this allow them to finance the costs of the lawsuit?
- mathattack 9y agoLawsuits come out when you file. Delaying filing would delay the lawsuit.
- zegerjan 9y agoGenerally companies try to settle fast before the IPO so there are less concerns to invest. No domain knowledge btw, just seen it happen a couple of times before
- unixhero 9y agoHey, better than nothing! Thanks.
- rahulchhabra07 9y agoI think it's pretty common to have lawsuits against companies while they are filing for IPO's. Amazon, Facebook, Alibaba are some popular examples you might want to read about.