Chapter 577 Familiarity

Naturally, Emelie had a plan. She began, "Our first step is to dispatch our legal team to negotiate with them. SAM is accusing us of a hostile takeover, citing the Securities Exchange Act and the Company Law. But precisely which law was broken? "The law states that transactions involving less than 5 percent of the company's total shares do not need to be disclosed to the public. Gambling contracts is a common business practice, and acquiring shares from shareholders is a voluntary transaction on both ends. "Every move we made was legal. SAM cannot slander us simply because they are weaker and have a reason to complain. We will not accept blame for this and will address the lawsuit appropriately." Jodie acknowledged, "Yes, the lawyers are already preparing our defense. In fact, SAM's lawsuit is a delaying tactic. They're just buying time to find solutions." That was just the first step. Emelie then revealed the next step of her plan. "Since what we're doing is already public kn