lawsuits show up on so many stocks every day. Just check the news feeds. Stock goes up...lawsuits, shorts want to knock a stock back....lawsuits. Whether they go anywhere or proceed remains to be seen. It appears they didn't scare out many traders who are still in. Stock is trading real close to where it was a few days ago.
If the price is right, you legally own and can convey it. I knew a guy in my small town that took the money he made off a small retread business and invested it in a swamp in Florida just after WWII. Everybody said he was crazy. It is now Coral Gables.