MSB 1.27% $1.17 mesoblast limited

legal action Mesoblast Limited Class Action Lawsuit, page-21

  1. 924 Posts.
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    It does not make sense as you are trying too hard to find fault.

    So let me spell this out.

    "well if a legal process is involved, those risk statements are not a safe harbour from most of the allegations in the Kristal claim"

    This means that the nature of some of the allegations in the Kristal claim are not protected by safe harbour statements, if the breaches of SEC obligations cited in the Kristal claim are proven to be true. So if this moves beyond motion to dismiss, the issue will not be the risk statements, it will be about the allegations by Kristal.

    "And if enough money is on the table, these risk statements might just have judicial determination too."

    Well in retrospect the above was in error. The allegations involve those relying upon the market, not a document like an annual report, or the like.



 
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