You probably should also mention that WTG almost loses as much cash as SGH does.
And the fact that it only has a market capitalisation of about $100m (which is about what their net assets are). Rule #1 when suing someone, make sure they have money.
As I said, this news will have zero effect on the SGH share price.
News: SGH Watchstone Group says received correspondence from firm of solicitors for SGH, page-38
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