RE: Cali lawsuit3 Jul 2025 17:21
Afternoon Simon.
Apologies for not getting back to you sooner, simply to say thank you for your reply.
Seeing how DBRM's SP was 99% down due to this, any cash injection in the form of compensation should technically speaking send it skyward.
It will probably take at least a few weeks, probably a few months until the lawyers gets their heads together to work out actual damages
They currently have less than $70k MCAP, so even a million in the bank will do them the world of favours.
As you say, the California courts usually hand out incredibly large compo payments, so S&S may have actually played a blinder.
Through luck, rather than judgement.