One perspective is that a friend got screwed out of shares. Another view is the real drivers behind the company were smart to not give a dispensable person a th

One perspective is that a friend got screwed out of shares. Another view is the real drivers behind the company were smart to not give a dispensable person a third of the company, and are seeking a discount on mistakenly made legal commitments by drawing out the litigation. As an investor I would take the second view. The deposition video also shows Spiegel is clearly CEO material.