Would vigorously oppose their seeking to stay our settlement.
Given that you had all of these red flags, it would seem to me that underwriters had a heightened duty to investigate.
They have certain defenses, but at least in this situation, I feel very confident that they have tremendous exposure. I've been following these cases for 40-some odd years, and I don't think I've ever seen a public offering unravel as quickly as this one.
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