American Superconductor (AMSC) Message Board

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Technology Stocks : American Superconductor (AMSC)

AMSC 60.63

+2.4%

Nov 3 9:30 AM EST

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To: Art Bechhoefer who wrote (916)	7/2/2018 2:23:51 PM
From: Hawkmoon	Read Replies (1) of 973

Not sure I agree.. Recall that this case is a Federal Criminal matter, not a lawsuit.. Sinovel could have taken a plea bargaining deal before the conviction, but they chose not to.. Not much room for a settlement, especially on the damages, since they have already been specified in the DOJ announcement.. To alter those facts would disadvantage AMSC, diminishing their status as a victim.. So the most they could do is negotiate on the fine, which AMSC would not receive anyway.. Worst case scenario I see is minimal 1X damages as the fine.. I don't think they can prevent the public release of the sentence either.. or at least it would be highy unusual to do so.. Hawk

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