Does this mean we have a proposed settlement? S
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Posted On: 11/19/2019 10:35:07 AM
Does this mean we have a proposed settlement?
Seems to me this would be a perfect time to call the company and ask.
If so when will we hear the details? Will we hear the details?
In today's litigious society, settlements are almost always paid in secret. In fact Maxwell Smart's Cone of Silence is almost always made a part of the settlement agreement. So chances are we will never be told. We will only be told that there was a settlement.
But, but.... let's put a message board poster in charge of DECN, or a stock trader masquerading as an "expert," and he can change how all of this litigation stuff works. I guarantee it.
On another note, or actually the same note, this case will settle and it will settle for a good sum of money, or as Berman says, a handsome sum. Why? Because J&J is no longer in the business, they sold Lifescan. They have nothing, no business or intellectual property, left to protect. So if/when the Federal Circuit judges find in favor of DECN, and that day is coming, J&J will be faced with two decisions, settle the case for as little as possible, or continue to pay their lawyers to keep the case going, which would be a zero sum gain. The last time J&J settled with DECN they had already spent almost $60 million in legal fees, and that was in a friendly (to J&J) court, with two friendly judges.
So if message board posters and imposters decide that Mr. Berman will negotiate a settlement that is too small, or worse, decide that there is less than a 10% chance DECN will win, then Berman's detractors better get their acts together and elect someone to come in and replace him. But better do it quickly, time is short.
All IMO
Seems to me this would be a perfect time to call the company and ask.
If so when will we hear the details? Will we hear the details?
In today's litigious society, settlements are almost always paid in secret. In fact Maxwell Smart's Cone of Silence is almost always made a part of the settlement agreement. So chances are we will never be told. We will only be told that there was a settlement.
But, but.... let's put a message board poster in charge of DECN, or a stock trader masquerading as an "expert," and he can change how all of this litigation stuff works. I guarantee it.
On another note, or actually the same note, this case will settle and it will settle for a good sum of money, or as Berman says, a handsome sum. Why? Because J&J is no longer in the business, they sold Lifescan. They have nothing, no business or intellectual property, left to protect. So if/when the Federal Circuit judges find in favor of DECN, and that day is coming, J&J will be faced with two decisions, settle the case for as little as possible, or continue to pay their lawyers to keep the case going, which would be a zero sum gain. The last time J&J settled with DECN they had already spent almost $60 million in legal fees, and that was in a friendly (to J&J) court, with two friendly judges.
So if message board posters and imposters decide that Mr. Berman will negotiate a settlement that is too small, or worse, decide that there is less than a 10% chance DECN will win, then Berman's detractors better get their acts together and elect someone to come in and replace him. But better do it quickly, time is short.
All IMO
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