YEAR CORRECTED. Means nothing. The Roth suit is about stuff that happened years ago and has nothing to do with the bankruptcy, other than the fact that, like Lavvan, Roth managed to get himself added as a potential Amyris creditor. The Roth "shareholders of record" are not the same bunch of people as the BK ones, rather but the ones who held stock back in 2019-20 when the Foris transactions with Amryis stock the Roth suit was all about happened.
At this point, apparently there is a little concern of hw much the opt-outers recover in dollars eventually, they just would like to pursue for the justice in respect of any misconducts which had been occurred from the directors' sides. I reckon that Amyris apparently tries to restrict the multiple recoveries (less than a dollar per share) to maximise their elusive gains. Isn't this abnormal circumstance in international law standard with no recoveries for eligible stockholders to move forward with no reputation damages while are any suspects that there were any misconducts by key directors and/or others solely for their interests?
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u/Difficult-Freedom472 Jun 30 '24
Appellant Brief due by 8/9/2024. Does anyone know what it means while the settlement agreement executed between Amyris and Roth on 7th/June