We are definitely a thorn in Fung and Tenors plans. They can't make any settlement with VZ for a much lower payout without dealing with Gowlings and the committee.

Tenor didn't want an opt out committee as all shareholders would have been represented. I agree that a judge will not create two classes of shareholders but he may force the costs to be shared by all who are benefitting.

The whole point of taking action is to get a fairer share on the award. To do this it costs money and the committee has fronted the money to everyones benifit. There are no free rides in life and the opt in agreement will compensate Gowlings only is they are successful so I struggle to understand a reason not to opt in. The only shareholders that shouldn't opt in are those getting a payout from Tenor like Fung.

JJ