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Jake Chervinsky
The XRP securities class action plaintiff filed an opposition to Ripple's motion to dismiss yesterday. Ripple's reply is due on December 4. Oral argument will be held on January 15. The court can take as long as it wants to rule. Read the filing here:
A response to Ripple's September motion to dismiss an XRP-holders lawsuit.
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edilson1492 5 Nov 19
Replying to @jchervinsky
I'm a bit perplexed about the last page Jake, is that a proposal by the plaintiff for the judge to sign (to deny the motion) or is it actually an order by the judge?
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Jake Chervinsky 5 Nov 19
Replying to @edilson1492
It's a "proposed" order that the plaintiff is asking the judge to sign, not an actual order issued by the judge. Court rules often require the parties to submit proposed orders, but federal judges basically never sign them for substantive motions like this. You can ignore it.
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Lost in Crypto Space 5 Nov 19
Replying to @jchervinsky
I assume to rule on the motion to dismiss or not only
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Jake Chervinsky 5 Nov 19
Replying to @MissedATH
Correct.
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edilson1492 5 Nov 19
Replying to @jchervinsky
Motion to dismiss is denied!
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Crypto Steve 5 Nov 19
Replying to @jchervinsky
Thanks for using your expertise to keep the community informed .
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CS vVv 5 Nov 19
Ripple the company is NOT XRP ! Ripple has time to handle this ... But ODL is ALIVE and KICKING ! 😎🛩ī¸âœˆī¸đŸš€
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XRP2THEMOON 5 Nov 19
Replying to @jchervinsky
What happens if the price of XRP increases and exceeds the plaintiffs buy in price? At that point the plaintiff wouldn't have lost money. Could this lawsuit be thrown out at that point?
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Kt 5 Nov 19
Let's all just shame the guy suing for holding back progress. Sheesh.
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OrdinaryGuy010101 5 Nov 19
Replying to @jchervinsky
Is there anu chance to solve it/stop it immidiately ? Negotiation between them or so ? Thank you for your answer. Sorry for bad terminology, not lawyer and englosh is not my first language :)
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