Perhaps it's that poor old dick didn't have the funds...
I guess wading through the paperwork obtained in the discovery process would have cost somewhere near $200K; that's before one substantive word in court...
What an unmitigated waste of money; probably the best part of $500K (both sides)...
I heard a whisper that ASA's legal opinion placed it in a very very strong position and the hope of Dick acheiving anything in court was extremely low; perhaps he also had that advice...
Now it appears that John will be announcing a new board next week... Will that be full of cronies?