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samfriedman
on Jan 3, 2018
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Spotify files for its IPO
I wonder if the lawsuit was purposefully timed near the IPO announcement, in an attempt to heap extra pressure on Spotify to settle quickly.
CPLX
on Jan 3, 2018
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Yes, that's precisely how lawsuit strategy works.
samfriedman
on Jan 3, 2018
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I'd be curious to know how much of the strategy on the IPO side takes this kind of "out of the woodwork" stuff into account.
jvanderbot
on Jan 3, 2018
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I think that's spot on. They are holding the stock price for ransom.
harryh
on Jan 3, 2018
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This is almost certainly the case.
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