Rick Jordan
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Appearances Over Time
Podcast Appearances
That was the question.
And even more so, do you want to spend because it'll probably take and this was no joke, right?
They said it would probably take about a million dollars to fully litigate this case.
Like so from an ROI perspective, if these individuals.
individuals had the money and you could collect $3 million, that makes sense to pursue it.
But if you think that you'll get less than a million dollars out of them, which for some of them, and there was another issue with another acquisition, very similar story, is that when you do the investigations on these individuals through PIs and you find out the one and a quarter million that you put down on a down payment to them, and then it was like three months later, it's like one dude buys a $300,000 Porsche, you're able to find through private investigators, I don't think they got the money.
Whatever went in
went out it's much harder to collect from the way that i was taught on this than it is to actually even win the case to begin with but then it becomes roi how much you want to spend for that moral victory if you were a billion dollar company already rick and you wanted to do this just to teach a lesson i'd say go for it this is my general counsel it's like you're just not going to get it back let's throw in good money at bad you know
Yeah, exactly.
He would always phrase it.
His name's Stan.
He's awesome.
He's a 45-year trial lawyer.
Sharp as can be, dude.
He's just like, pretty much every lawsuit is an economic decision, or at least it should be from the people that are involved.
There's nothing beyond it besides that.
That's right.
Take all emotion out of it.
Which is hard, bro.
It's real hard.