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Class action lawsuit against GME meme redditor DeepFuckingValue
Poast new message in this thread
Date: February 17th, 2021 10:51 AM Author: Exhilarant hominid https://www.businesswire.com/news/home/20210216006262/en/HAGENS-BERMAN-FILES-SECURITIES-CLASS-ACTION-Complaint-against-Keith-Patrick-Gill-MML-Investors-Services-and-Massachusetts-Mutual-Life-Insurance-Company-over-GameStop-NYSE-GME-Stock-Manipulation (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960384) |
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Date: February 17th, 2021 11:55 AM Author: Gold startled home Literally need to firebomb these kikes offices (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960692) |
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Date: February 17th, 2021 1:34 PM Author: Shaky Appetizing Business Firm And then one day, for no reason at all... (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961369) |
Date: February 17th, 2021 11:19 AM Author: Henna Pit Codepig Link to PDF of complaint? Don't want to log into Pacer (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960496) |
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Date: February 17th, 2021 12:47 PM Author: cracking bronze travel guidebook generalized bond I'll Recap it in a few minutes if someone doesn't pay a link. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960982) |
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Date: February 17th, 2021 1:24 PM Author: cracking bronze travel guidebook generalized bond I can't even find the case on the D. Mass CM/ECF site. The only case filed today that's showing up is 1:21-cv-10266, two case numbers after that one.
Edit: It was filed yesterday, not today. Court Listener LIED. |
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Date: February 17th, 2021 1:28 PM Author: cracking bronze travel guidebook generalized bond Complaint: https://www.courtlistener.com/recap/gov.uscourts.mad.230710/gov.uscourts.mad.230710.1.0.pdf (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961327) |
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Date: February 17th, 2021 1:48 PM Author: Gold startled home So this is them looking to wring money out of mass mutualism employer
What vermin |
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Date: February 17th, 2021 11:09 PM Author: vivacious tripping idiot (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41965192) |
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Date: February 17th, 2021 11:24 AM Author: High-end Hairraiser Mexican Philosopher-king Wow what a surprise! (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960511) |
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Date: February 17th, 2021 11:56 AM Author: boyish whorehouse at least he can hire some good lawyers. who's he gonna go with, ropes & gray? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960695) |
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Date: February 17th, 2021 12:01 PM Author: Gold startled home He should be able to handle this kike nonsense pro se
The idea he did anything illegal is ridiculous and these kikes should be sanctioned for this meritless kike shit |
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Date: February 17th, 2021 12:02 PM Author: primrose brunch (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960726) |
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Date: February 17th, 2021 12:34 PM Author: Garnet Sickened Plaza Pistol -excerpt from amicus brief filed by free speech nonprofit autoadmit.com, dba xo (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960907) |
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Date: February 17th, 2021 12:40 PM Author: boyish whorehouse (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960933) |
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Date: February 17th, 2021 12:44 PM Author: Gold startled home (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960961) |
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Date: February 17th, 2021 1:26 PM Author: Vigorous chocolate yarmulke center (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961309) |
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Date: February 17th, 2021 1:30 PM Author: supple marketing idea sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961339) |
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Date: February 17th, 2021 1:30 PM Author: Pearl vibrant telephone (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961342) |
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Date: February 17th, 2021 1:30 PM Author: Crimson dingle berry (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961345) |
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Date: February 17th, 2021 1:35 PM Author: Shaky Appetizing Business Firm (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961375) |
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Date: February 17th, 2021 1:38 PM Author: Violet senate (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961396) |
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Date: February 17th, 2021 1:46 PM Author: Brass odious stag film newt (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961450) |
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Date: February 17th, 2021 2:26 PM Author: Turquoise arousing pocket flask (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961726) |
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Date: February 17th, 2021 2:27 PM Author: Glittery olive crackhouse gaping (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961735) |
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Date: February 17th, 2021 9:25 PM Author: Disturbing Galvanic Rehab Juggernaut (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41964524) |
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Date: February 17th, 2021 12:43 PM Author: tan headpube indian lodge he can anti SLAPP maybe (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960955) |
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Date: February 17th, 2021 1:28 PM Author: Light hell selfie (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961329) |
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Date: February 18th, 2021 9:21 AM Author: Violent Private Investor Hall (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41966530) |
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Date: February 17th, 2021 1:16 PM Author: ultramarine costumed dilemma GGTP already hired them for MassMutual (over the objection of the sole inhouse “litigator”) (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961218) |
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Date: February 17th, 2021 12:47 PM Author: Cerebral self-centered stead affirmative action I dk if he did anything that’ll lose him a lawsuit but in general WSB is nothing more than a pump and dump scheme and some of those guys should probably be in jail.
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Date: February 17th, 2021 1:37 PM Author: Titillating keepsake machete how is it different than any other forum for stocks? outside of this $gme bullshit you would see a diversity of opinions. all of /u/deepfuckingvalue's posts before $gme started going up were filled with comments shitting on his strategy. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961389) |
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Date: February 17th, 2021 1:41 PM Author: Aphrodisiac Stock Car (Gabe Plotkin) (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961409) |
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Date: February 17th, 2021 1:45 PM Author: Brass odious stag film newt Claiming WSB is a pump and dump scheme deeply misunderstands the philosophy of that place. WSB is a gambling palace. It's a bunch of lads taking crazy ass long shots and seeing what sticks, sometimes based off of what they think is their own special diligence and sometimes truly on a whim / YOLO. There's never been an organized effort to pump up shitty stocks and in fact you get banned if you try to penny pump. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961437) |
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Date: February 17th, 2021 3:37 PM Author: Cerebral self-centered stead affirmative action For most people on there, sure (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962196) |
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Date: February 17th, 2021 12:50 PM Author: Heady Parlour Famous Landscape Painting there's that "incite" word again. getting a lot of play these days. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41960999) |
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Date: February 17th, 2021 12:54 PM Author: Gold startled home (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961040) |
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Date: February 17th, 2021 1:15 PM Author: cracking bronze travel guidebook generalized bond Plaintiffs' lawyers LOVE latching into anything that's in the news. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961204) |
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Date: February 17th, 2021 1:30 PM Author: Light hell selfie fines are not enough for this kind of frivolous harassment of a guy who obviously did nothing wrong. the plaintiffs lawyers should be thrown into a middle ages style torture dungeon. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961343) |
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Date: February 17th, 2021 1:35 PM Author: Shaky Appetizing Business Firm (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961377) |
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Date: February 17th, 2021 1:39 PM Author: Gold startled home (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961403) |
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Date: February 17th, 2021 2:27 PM Author: Glittery olive crackhouse gaping (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961739) |
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Date: February 17th, 2021 1:30 PM Author: Bat-shit-crazy stimulating hairy legs step-uncle's house Even if he did nothing wrong, how much will a competent defense cost him? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961344) |
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Date: February 17th, 2021 9:34 PM Author: gay milk Against Hagens? Quite a bit unless he can get it tossed on a MTD. This isn't some CSLG type firm that filed this. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41964565) |
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Date: February 17th, 2021 1:34 PM Author: cracking bronze travel guidebook generalized bond "He went by 'Roaring Kitty' on YouTube – where cats and kittens are a favorite subject matter – and on Twitter and 'DeepF***ingValue' on Reddit's WallStreetBets message board."
Those prudish pussies actually used the asterisks in their complaint. |
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Date: February 17th, 2021 1:36 PM Author: Shaky Appetizing Business Firm I hate kikes so much. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961380) |
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Date: February 17th, 2021 1:37 PM Author: Aphrodisiac Stock Car What, what's the crux of the complaint against him? He didn't force anyone to make trades. All trades were done as one's own volition. This makes no sense. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961393) |
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Date: February 17th, 2021 1:46 PM Author: stirring grizzly tattoo They are using the fact that he is licensed to create legal consequences for hyping a stock while being completely open about having a huge bullish position.
They are also trying to sue his employer for not reigning him in. |
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Date: February 17th, 2021 1:47 PM Author: Aphrodisiac Stock Car But what did he do wrong? No one is forced to listen to him or trade based on his advice. What did he do? What does being licensed have to do with anything? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961454) |
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Date: February 17th, 2021 1:48 PM Author: Brass odious stag film newt They're going to argue that he was subject to a stricter standard of diligence and propriety because of his licensure --essentially "you should have known better"--and that his poasting activity on wsb was thinly veiled pumping. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961471) |
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Date: February 17th, 2021 1:51 PM Author: Aphrodisiac Stock Car So laying out the case for a stock, just because your licensed, and sharing your investment rationale, all the while not concealing your position or not being forthcoming about what you're doing, and he's responsible for thousands of people acting of their own accord simply because they understood his rationale and decided of their own volition to purchase the stock legally, as did he? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961484) |
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Date: February 17th, 2021 1:57 PM Author: stirring grizzly tattoo You don't understand, rich people lost money because a bunch of proles pooled their McDonald's paychecks to buy gamestop. This isn't supposed to happen and the court needs to set an example. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961510) |
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Date: February 17th, 2021 1:58 PM Author: Brass odious stag film newt This is going to be a rat-faced answer, so bear with me, but: probably not, but there's some risk.
As a registered investment advisor, it's probably not the smartest thing in the world to go memeing to shit some stock you own on a forum for autistic robinhood gamblers. There also is the implication of pumping since no one held a gun to his head and forced him to go make a bunch of poasts encouraging people to buy the stock--he could have just acted on his diligence, created a position, and watched his gains grow without engaging in a concerted campaign to encourage people to buy in. |
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Date: February 17th, 2021 2:00 PM Author: Henna Pit Codepig I think his licensing and employment status are issues. When I ran a RIA, there were tons of obligations to archive EVERY fucking phone conversation, email, instant message, etc. of people talking to clients, creating our portfolios, etc. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961537) |
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Date: February 17th, 2021 1:50 PM Author: stirring grizzly tattoo He made the plaintiff who sold naked options lose a ton of money (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961479) |
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Date: February 17th, 2021 1:52 PM Author: Aphrodisiac Stock Car lol (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961485) |
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Date: February 17th, 2021 1:53 PM Author: stirring grizzly tattoo 60. Unaware of Gill’s deceitful social media communications, Plaintiff used approximately $200,000 in collateral to sell call option contracts for GameStop shares when the stock was below $100.
61. Plaintiff sold call option contracts (representing 2,000 shares) at a strike price of $100 on January 26, 2021 with expiration date of January 19,2021, while Gill’s manipulative social media conduct drove the market for GameStop shares into an unjustified frenzy (above $400).
63. Because of the market frenzy caused by Gill’s manipulative conduct and MML’s and MassMutual’s failure to supervise, Plaintiff was forced to “cover” the options contracts by purchasing back offsetting GameStop options contracts representing Gamestop shares at unwarrantedly and unprecedented inflated prices of $300 and $315 unmoored to the true value of GameStop shares, causing Plaintiff to incur substantial loses. |
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Date: February 17th, 2021 2:03 PM Author: Titillating keepsake machete lmfao (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961568) |
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Date: February 17th, 2021 2:05 PM Author: Aphrodisiac Stock Car LOL
"My client lost money so this man is GUILTY" |
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Date: February 17th, 2021 2:07 PM Author: Light hell selfie lol this dumb fuck made speculative investments that would be hugely profitable if he had just covered the calls from the start but wants to pin the blame for his reckless behavior on the reddit dude. get fucked bro. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961586) |
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Date: February 17th, 2021 2:26 PM Author: Shaky Appetizing Business Firm AND THEN ONE DAY, FOR NO REASON AT ALL... (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961732) |
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Date: February 17th, 2021 2:26 PM Author: Shaky Appetizing Business Firm holy fucking shit (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961727) |
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Date: February 17th, 2021 5:14 PM Author: apoplectic area So plaintiff sold the options AFTER their expiration date? TTT drafting (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962850) |
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Date: February 17th, 2021 1:54 PM Author: Crimson dingle berry (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961493) |
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Date: February 17th, 2021 1:42 PM Author: naked party of the first part He's utterly ruined. Regardless of the merits, this lawsuit will bankrupt him many times over. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961417) |
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Date: February 17th, 2021 1:44 PM Author: Aphrodisiac Stock Car Didn't he make off with 14 million? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961429) |
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Date: February 17th, 2021 1:45 PM Author: naked party of the first part Costs a lot more than that to defend a case like this. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961440) |
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Date: February 17th, 2021 1:54 PM Author: Crimson dingle berry (biglaw class action defense partner trying to talk up the bill (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961497) |
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Date: February 17th, 2021 1:56 PM Author: Irradiated abode kitty cat (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961509) |
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Date: February 17th, 2021 1:58 PM Author: Brass odious stag film newt (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961522) |
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Date: February 17th, 2021 1:59 PM Author: Brass odious stag film newt DPW isn't cheap, son. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961528) |
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Date: February 17th, 2021 2:07 PM Author: amber multi-billionaire deer antler (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961587) |
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Date: February 17th, 2021 1:57 PM Author: cracking bronze travel guidebook generalized bond I doubt it will cost that much.
1. It wouldn't cost that much even if he had to personally pay.
2. There's a decent chance he'll be defended under one of his employer's policies. |
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Date: February 17th, 2021 5:19 PM Author: apoplectic area He has a clear conflict with his employer. He's a retard if he lets the same lawyer represent him or even just generally insurance counsel who might subordinate his interests to the "real" client. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962881) |
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Date: February 17th, 2021 5:19 PM Author: Gold startled home Defending him will be easy as shit (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962883) |
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Date: February 17th, 2021 5:56 PM Author: cracking bronze travel guidebook generalized bond I don't have any problem with him getting his own lawyer, but it would likely be cheaper for him to hire a coverage/bad faith lawyer to watch the insurance company and secure him the benefits of a paid defense than for him to just straight up go it alone on the defense. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41963090) |
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Date: February 17th, 2021 9:24 PM Author: apoplectic area with the amount in controversy, him being a public figure, and this being a politicized case, it's worth it to pay. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41964521) |
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Date: February 17th, 2021 9:49 PM Author: cracking bronze travel guidebook generalized bond Maybe, but having co-counsel might still be worth it. For instance, if there's going to be a bunch of discovery, you might want the insurance company to pick up the tab for document review, and stuff like that. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41964664) |
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Date: February 17th, 2021 1:45 PM Author: doobsian sadistic theater That's their intent. They want to send a message to anyone brave (or dumb) enough to go against the Elites. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961434) |
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Date: February 17th, 2021 1:55 PM Author: Brindle Jap he was an idiot for ever talking to the media in the first place. The entire reason the media wanted to find out who this guy was was to ruin him (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961500) |
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Date: February 17th, 2021 1:58 PM Author: amethyst parlor Yep his need for fame did him in. Couldn’t resist that stupid picture of him in the headband and cat tshirt could he. I knew he was fucked when that article w his name came out (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961518) |
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Date: February 17th, 2021 2:05 PM Author: Brindle Jap cr. That article was basically saying "please due this guy" (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961577) |
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Date: February 17th, 2021 2:05 PM Author: Titillating keepsake machete He was sort of doxxed. I don't think he ever identified himself using /u/deepfuckingvalue. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961578) |
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Date: February 17th, 2021 2:07 PM Author: Brass odious stag film newt He's a lesson in abject hubris and also how humans are ruled by our monkey brains. All he had to do was quietly cash out in the $300s and walk away with a forever changed for the better life. No interviews, no television appearances, no profiles, just a 50m payout, so call it 30m net of taxes, and he's good forever.
But he wanted internet points and a reporter asking him questions and now he's going to get fucked in the ass. |
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Date: February 17th, 2021 3:23 PM Author: supple marketing idea sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962114) |
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Date: February 17th, 2021 2:46 PM Author: Plum Beady-eyed Site Plaintiffs' lawyers would just have subpoenaed Reddit for his identity (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961863) |
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Date: February 17th, 2021 2:01 PM Author: cracking bronze travel guidebook generalized bond "Gill achieve his objective"
Proofread you work! |
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Date: February 17th, 2021 2:03 PM Author: Topaz Feces attention to detail (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961564) |
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Date: February 17th, 2021 2:30 PM Author: cracking bronze travel guidebook generalized bond Typo aside, I can write better than the dunce who wrote that complaint. I should find them on Twitter and let them know. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961760) |
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Date: February 17th, 2021 4:43 PM Author: frisky address (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962634) |
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Date: February 17th, 2021 2:03 PM Author: Trip church building He will get millions in donations to fight this. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961567) |
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Date: February 17th, 2021 2:10 PM Author: Light hell selfie elon or chamath should step up and pay for a cadillac defense team to fuck these shitlawyers in the ass (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961604) |
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Date: February 17th, 2021 2:22 PM Author: Topaz Feces daddy elon (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961693) |
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Date: February 17th, 2021 2:28 PM Author: Glittery olive crackhouse gaping (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961742) |
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Date: February 17th, 2021 2:33 PM Author: Plum Beady-eyed Site His (former) employer was sued too, so they and their carrier will pick up the defense (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961774) |
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Date: February 17th, 2021 2:43 PM Author: Light hell selfie dont their interests diverge? his employer will just be like 'whoa this is outside of his scope of employment and arguably in violation of our code of conduct, get us out of here' (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961847) |
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Date: February 17th, 2021 2:46 PM Author: Plum Beady-eyed Site four corners of the complaint (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961867) |
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Date: February 17th, 2021 3:03 PM Author: Duck-like electric furnace casino Lol, One Weird Trick for avoiding vicarious liability. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41961960) |
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Date: February 17th, 2021 3:34 PM Author: amber multi-billionaire deer antler cr just clal up the plaintiffs' attorney and explain this. they'll probably apologize and drop that part of the suit (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962189) |
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Date: February 17th, 2021 3:46 PM Author: Light hell selfie my point is more that he should probably have his own counsel (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962247) |
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Date: February 17th, 2021 4:22 PM Author: Henna Pit Codepig They'll pay for that too, generally. My wife had to go through BS like this over a public co/SEC matter. VPs/financial fiduciaries get swept into these things and the employer usually foots the legal bill. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962488) |
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Date: February 18th, 2021 8:23 AM Author: Bateful state Insurance covers that if it’s necessary. (Assuming the guy is an “officer.”) And even if he is not, the corporation or its insurer may cover that cost anyway so as not to blow their chance to get the whole thing dismissed. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41966315) |
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Date: February 18th, 2021 8:27 AM Author: Light hell selfie sounds like the guy was some low level dude doing 'financial wellness' trainings, probably wouldn't be an 'officer' (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41966328) |
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Date: February 17th, 2021 4:08 PM Author: Topaz Feces (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962399) |
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Date: February 17th, 2021 4:54 PM Author: Curious native love of her life What percentage of the cases a firm like this files, actually succeed? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41962698) |
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Date: February 18th, 2021 8:29 AM Author: Bateful state There is a lead plaintiff process. So others who have suffered losses will come forward and try to explain why they and their lawyers should be in charge of the case. They whoever is appointed will file an amended complaint that will have more detail. They may try to get some confidential witnesses to bolster the allegations in the complaint. There is then a 50/50 shot or so of getting this case tossed on a motion to dismiss. It is lower in Massachusetts than it would be in the SDNY. If the case survives dismissal, plaintiffs will settle for anywhere from 2-30% of their total alleged damages, and the lawyers will keep 30% of that. It is a volume game for plaintiffs lawyers, though they always get money if they get past a MTD and every few years they will settle a case for $80MM plus. (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41966336) |
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Date: February 17th, 2021 7:35 PM Author: Vigorous chocolate yarmulke center Can you force a class to pay your legal expenses? (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41963741) |
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Date: February 17th, 2021 9:41 PM Author: cracking bronze travel guidebook generalized bond Not a class, but sometimes fees are awarded against the named class representatives.
Example:
https://www.allaboutadvertisinglaw.com/2012/05/class-action-representative-hit-with-14-million-in-defendants-attorneys-fees.html |
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Date: February 17th, 2021 9:44 PM Author: gay milk Lol @ the lawyers fucking that guy by suing under a statute with mutual fee shifting (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41964624) |
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Date: February 18th, 2021 9:22 AM Author: frisky address (http://www.autoadmit.com/thread.php?thread_id=4768012&forum_id=2#41966537) |