If they award triple damages this will be equivalent to the market value of the stock. Has this ever happened? I don't think so. At worst is will be reduces to 100M and hurt the stock price for a quarter or two. Juries always overcompensate by several orders of magnitude only to have their rulings drastically reduced or overturned. Perhaps this is why they announced a increased stock buy back.
I see them appealing and later settling for a lesser amount. After tax loss benefits, they probably lose 500 million or less. Still not good, but manageable. I will watch this closely and might soon take a large long position. I can't imagine Einhorn didn't know. I also look forward to the company publicly addressing this. On the flip side, maybe this is why the CFO recently resigned. There are many unknowns here, especially for a small outside investor.