This poster has a valid point. Agreed... There
Post# of 11038
Agreed... There will not be a receiver.. not even down the road.. If the order to appoint receiver is denied now, it will be not motioned for again. As I said from day 1, the corporate veil of a publicly traded corporation will not be pierced. Suit against signature will continue.... E-Trade should release funds soon since there is no imminent danger of those funds being reversed. Suit against signature stock will not be based on the issue of whether or not the dividend was legal... it will focus on fraud and or negligence and there would not be standing to collect from shareholders....
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it will focus on fraud and or negligence and there would not be standing to collect from shareholders....
Read More: http://investorshangout.com/post/view?id=3330...z3r8AvFys2
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/