Cause for action?
posted on
Feb 04, 2016 02:39PM
I will never understand how Leckrone got away with moving the MMP 1/2 ownership out of TPL and into his daughter's company and then files Ch 11 against TPL, having pre-drained TPL of major IP and cash assets.
How much to file a PTSC shareholder lawsuit against the Leckrone family for the possibility of collusion and conspiracy to defraud PTSC, starting with the Apple fiasco and the Plan of Operation exhibit? Damages would be the drop in share price over a chosen period, plus punitive damages.
Why wouldn't PTSC do this anyway?