logoalt Hacker News

gchamonlive • today at 10:05 AM • 2 replies • view on HN

They should just offer to settle at a reasonable value as if it had been just the four quarters previously agreed, but a smart decision was made to sit on the shares.


Replies

Majromax • today at 11:39 AM

> They should just offer to settle at a reasonable value

Since litigation is costly, the acceptable range for a settlement is centered around the expected outcome of a trial, plus or minus each party's cost of litigation (including opportunity cost).

In this case, "the claim is barred by the statute of limitations" implies that the expected outcome of litigation would be approximately $0. The net range for a settlement is then the 'nuisance value' of a lawsuit including any PR damage for airing the case publicly; that would be orders of magnitude below the $1bn claim.

➕ show 1 reply
fn-mote • today at 10:45 AM

> just the four quarters previously agreed

Misreading. S/quarters/years/

➕ show 1 reply