The CPSS has a big Settlement charge in Q2, which could wipe out all earnings. Be careful investors!
One time charges will be taken as one time charges. Investors know a non- reoccurring charge is essentially a moot point in the long term perspective. The quarterly report will not lump a non- reoccurring charge in with normal expenses.
Earnings once again fantastic, growing, adding to the portfolio.... expect green tomorrow.
They set aside $9-10 million about a year ago to handle legal liabilities (mainly the one you mentioned) so no surprises here as this settlement has been fully accounted for.