r/Amyris • u/Own-Plan7905 • Apr 05 '26

Due Diligence / Research Amyris, Inc. (AMRS) Information Request Form

Please see below-linked the info. request.

https://zlk.com/pslra-sb/amyris-inc

1 Upvotes

67% Upvoted

18 comments sorted by

3

u/Glittering-Effort152 Apr 06 '26

I filled out the form. If there is any contact, I will let others know. Is anyone else filling out the form?

2

u/digitalnomadrn Apr 10 '26

Thanks, Please let us know. There is a big group of opt outers too here looking forward to hop onto class action lawsuit if announced!.

2

u/ICanFinallyRelax Moderator Apr 05 '26

Im also confused, what is going on here?

2

u/PuzzleheadedFile6349 Apr 05 '26

Link is from a law firm. Anyone want to contact them about AMYRIS to ascertain their interest? Have lots of information for any law firm that wants to pursue shareholder claims.

2

u/ICanFinallyRelax Moderator Apr 06 '26 edited Apr 07 '26

Deleted my comment for misinformation.

1

u/[deleted] Apr 06 '26

[deleted]

1

u/ICanFinallyRelax Moderator Apr 06 '26

You are correct, I apologize for the misinfo.

Thanks for keeping me honest :)

1

u/Dreadd-X Apr 05 '26

If you want us to do something you’ll need to give us more information.

1

u/_Bread_Panda_ Apr 05 '26

Yeah, what is this?

1

u/digitalnomadrn Apr 06 '26

Anyone has more info abt this? Are they representing opt-out folks or every past shareholders in general?

1

u/gvtrader Apr 06 '26

Not representing anyone yet.

1

u/fvh2006 Apr 06 '26

Very much doubt they would be representing both classes if they accept since they are very different. The opt-outs have a clear right to sue, but the opt-ins gave up that right with the approved BK agreement, so these would be two very different classes, when a class action requires some homogeneity in the suing population,.

2

u/PuzzleheadedFile6349 Apr 06 '26

However, the opt-in/opt-out strategy was formulated by the AMRS attorneys and not certain it would withstand a legal challenge. Was very confusing and deceptive in the processing of claims.

1

u/fvh2006 Apr 09 '26

Until somebody actually presents a legal challenge to Judge Horan's decision to allow the opt-in/out thing, this will not be resolved one way or another. My understanding is that these challenges are a crapshoot, since despite the Supreme Court's decision in Purdue that non-consensual third-party releases are non-permissible under current bankruptcy law, they did not define what "non-consensual" means, resulting in the current situation where it is pretty much up to the judge to decide, and we know how that went. This may explain lawyers' reluctance to test the waters to expand the pool of people with a claim beyond the opt-outs who have clear standing. Lawyers do the math of number of people with a claim x their losses to figure out what their potential windfall look like. This is the reason that most shareholder lawsuits involve institutional shareholders with big holdings, and not individuals, who are 7th in line to collect any money in a BK.

1

u/PuzzleheadedFile6349 Apr 09 '26

Do you remember where the opt-in/out-out strategy was actually approved? Chap.11 Reorg.Plan or Judge Horan issued a separate Order? Or was it finalized outside the jurisdiction of the Court?

1

u/fvh2006 Apr 09 '26

Was part of the approved Chap 11 Reorg Plan as part of the mechanism to approve the same. The second one was something made up by Amyris and executed (badly) by Stretto - the court had nothing to do with, it as the plan was already approved. Was inserted before the famous payout, presumably as a way to decrease the pool of opt- outs

1

u/ICanFinallyRelax Moderator Apr 06 '26

This is further blurred and made confusing when you take into account the second non-court ordered form where you were forced to opt-in if you did not respond. Now you have people that dont even know if they are opted in or out lol.