Three US-based companies voluntarily withdrew from the lawsuit they filed against Terra (LUNA), which crashed in May last year.
US-based investment firm Albright Capital with law firms Scott&Scot and Bragar Eagle & Squire In a statement to the US Southern court on January 10 terrato and with to other affiliated companies from their lawsuit as a volunteer announced their withdrawal.
Resources, albright and other of the two companies from the collapse of Terra in their lawsuit. victim other investors who together He stated that he intended to bring On the other hand, the request to withdraw from the case was brought to the court by Terra’s lawyers. demanding that the case be dismissed from submitting a statement a few days later reported to have occurred. Terra lawyers on the dismissal of the case 44 pages a document was also among the information given by the sources.
A Terra spokesperson this case, the plaintiffs’ failure no damage was done claimed to show. The spokesperson was also requested by South Korean prosecutors. arrest warrant by the courts being rejected and of their innocence very soon will come out completely expressed.
Albright and the other two plaintiffs’ deceptive ads using investors manipulate and user funds personal interests It was known that he accused him of accusations such as using Plaintiffs also removed Terra during internal controls. ignoring misrepresentations and Violation of the US Securities Law had accused him of doing.
Experts say that the plaintiffs’ withdrawal from the case, in view of the possibility of losing the case He said it might be a move.