"What this MAY mean is that both settlement and NDA were not extraordinary events" (DDiligen)

If that condition were true then Turley was wrong to say they (directors) could not trade. The NDA has nothing to do with it, it is the nature of the information that is not being disclosed for whatever reason that has everything to do with it. (Billwilke)

I agree with Billwilke. TPL nor Patriot ever release settlement numbers before the 10Q on any licenses. What would make the J settlement any different other than it was for significantly more money? TPL/Patriot seem to always have a personal NDA with settlement numbers, even if it is self-inflicted. That being the case, when would any board member be able to trade the stock since they always have the advantage of knowing the true numbers before retail.