You know that TFL and the SEC have reached an agreement on $4.5 billion in compensation.
Will this money be paid? How will it be paid? Who will pay? We have asked and discussed the questions many times.
A significant portion of the court text was shared with us by our valuable follower.
"If TFL ensures that the injured investors and other general unsecured creditors are fully recovered under the terms of the liquidation of the chapter 11 bankruptcy filing, the SEC will withdraw its $4.5 billion claim." ▪️ In short; If TFL redresses all grievances, it can avoid the $4.5 billion compensation penalty. The hearing to be held on September 19 is very important. October 31, 2024 will be the final date. We are approaching the final...
