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Posted On: 03/26/2021 9:01:54 PM
Post# of 148878
thats not a joke, thats just legal dotting of i's and crossing of t's.
in order for the lawsuit to be sufficient as a matter of law, the lawsuit must "allege" that Cytodyn stock was traded somewhere, anywhere.
If Cytodyn stock was not traded, there can be no damages to the plaintiffs.
So its a stupid sentence but they have to throw it in there or else the judge will just throw out the case.
the intitial filing must allege sufficient facts necessary to prove damages, and one of those necessary allegations is that the stock was traded.
probably some other foolish-looking statements in there as well because they must, as a matter of law, allege even the most obvious of facts.
in order for the lawsuit to be sufficient as a matter of law, the lawsuit must "allege" that Cytodyn stock was traded somewhere, anywhere.
If Cytodyn stock was not traded, there can be no damages to the plaintiffs.
So its a stupid sentence but they have to throw it in there or else the judge will just throw out the case.
the intitial filing must allege sufficient facts necessary to prove damages, and one of those necessary allegations is that the stock was traded.
probably some other foolish-looking statements in there as well because they must, as a matter of law, allege even the most obvious of facts.
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