If WTG loses the escrow case $40m goes to SGH but it must be used exclusively to pay debt ie. AC. Guess who pays WTG legal costs and damages if SGH loses.
I beleive you are right that the WTG fraud claim won't work with AG yelling from rooftops that SGH didn't rely on any financials but did their own and relied on other third party DD. Third party DD experts positive about the PSD purchase contributed to shareholder losses. I hope they are taken to account.
SGH Price at posting:
$2.76 Sentiment: Sell Disclosure: Not Held