could Patriot state that they were happy with the settlement in a PR without violating any SEC disclosure rules? (I don't remember what the exact wording was but it was something like both sides were happy/satisfied with the settlement.) Also, if the settlement amount was much less than expected and a possible detriment to the SP, isn't Patriot, as mandated by the SEC, required to disclose any news that would be a detriment to the SP to shareholders? They would have to disclose details of the settlement but would they have to disclose that Patriot got far less than expected?
Sorry if this topic has already been beaten to death. An attorney familiar with SEC rules would obviously be a big help here.