Those insiders may just be lowering expectations, preparing their audience to consider rather bad news as a “massive win”. After all, the insiders most familia

Those insiders may just be lowering expectations, preparing their audience to consider rather bad news as a “massive win”. After all, the insiders most familiar with the matter are those deciding how much to set aside for its eventual resolution. There are rules for how to account for the inherent uncertainty, and massively underestimating the loss would just set them up for new trouble, i. e. a shareholder lawsuit.