misui: you are a great physician and poster on thi
Post# of 158771
(Total Views: 485)
Posted On: 12/01/2025 11:50:34 AM
misui: you are a great physician and poster on this board, but, with all due respect, your expertise does not extend to evaluating the merits of class action lawsuits.
There have probably been dozens of class action lawsuits filed against CYDY in the last 5 years by class action law firms, and I have ignored all of them. But not this case. I looked into this case a few months ago because I noted that the federal judge from the Western District of Washington presiding over the case had ordered the transfer of plaintiffs' counsel from the class action plaintiffs' law firms who had filed the suit to a Seatle law firm whose specialty is defending legal malpractice cases for malpractice insurance companies. That meant real trial lawyers with plenty of actual trial experience had agreed to handle this case because there was some merit to it. Moreover, if tried, the jury pool in western Washington would be very liberal and likely pro plaintiff in a shareholder suit against corporate management. Consequently, I have been concerned about this case ever since, especially since I viewed it as as a possible serious impediment to negotiating a partnership deal.
Given what I saw as a potential financial grenade looming on the horizon, I regard 16M to clear the path forward as an excellent outcome.
All the best misui.
There have probably been dozens of class action lawsuits filed against CYDY in the last 5 years by class action law firms, and I have ignored all of them. But not this case. I looked into this case a few months ago because I noted that the federal judge from the Western District of Washington presiding over the case had ordered the transfer of plaintiffs' counsel from the class action plaintiffs' law firms who had filed the suit to a Seatle law firm whose specialty is defending legal malpractice cases for malpractice insurance companies. That meant real trial lawyers with plenty of actual trial experience had agreed to handle this case because there was some merit to it. Moreover, if tried, the jury pool in western Washington would be very liberal and likely pro plaintiff in a shareholder suit against corporate management. Consequently, I have been concerned about this case ever since, especially since I viewed it as as a possible serious impediment to negotiating a partnership deal.
Given what I saw as a potential financial grenade looming on the horizon, I regard 16M to clear the path forward as an excellent outcome.
All the best misui.
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