Quote:
Originally Posted by 28renton
Is this a good idea given we seem so close to a sale going through that guarantees the return of american funds?!?
Takes a while to prepare a lawsuit likely the players mentioned began the process months ago.
Also the potential sale of FTP guarantees nothing. Hopefully the last two weeks have convinced FTP owners that their only "out" is to sell the company, lose majority ownership, and lose control of the company. Otherwise expect lawsuits like this to keep coming. If judge certifies it as a class action then law firm will reach out to players to form a class. Expect not 2 or 3 players to be named but thousands if not tens of thousands.
I have high hopes that the potential new owners will
a) settle w/ DOJ
b) return all player funds.
Any company interested in making money wants the drama, and bad headlines behind them. Settling up allows the company to move forward and start printing money. That being said it is no guarantee.
If they new owners pay players then the lawsuit will either be withdrawn or dismissed.
If they don't hell I may join the class action. 20cents, 30cents, 50 cents on the dollar is better than $0.