- Feb 28, 2022
- Reaction score
Is anyone planning for class action law suit? How do we find more details about it? Should we take the money and move on or fight?Big time class action law suit by the investors is what I am predicting... Even tho the Agreement of Purchase document may be iron clad, it doesn't mean purchasers can't sue Aspen Ridge. There is no way Aspen Ridge would want to see this spill over in a public court setting especially in front of CBC and CP24 news... Them showing they are willing to pay some sort of cash is an indication they are likely to settle rather than court. So I am sure we will see many buyers headed to court to squeeze more out of Aspen Ridge right before trial. If this goes to Trial then Aspen Ridge would have to disclose evidence and internal non-privledged communication. I am pretty sure Aspen Ridge doesn't want that shown which may potentially show they are doing this likely to make more $.
Bottom line - Legally what Aspen Ridge may be correct but in the court of public opinion they are absolutely wrong. Who ever pursues legal action will likely settle prior to trial for more than the $ they are offering now since Aspen Ridge will want to avoid a public spillage of this.
^ this is just my personal opinion tbh... seek personal legal guidance before doing anything.