You know a legal brief that starts with something as highfalutin as “This appeal arises from the settlement of rancorous litigation on two coasts” is only going to get better. And as AllThingsD’s Liz Gannes noted, it did. The brief continues: “They also portray [a 409A valuation] … as some seismic event in the life of the company, as if an unexpected bolt of lightning from on high emblazoned $8.88 onto a couple of tablets.” Sounds like someone’s been going through Charlton Heston’s back catalog. [NetworkEffect/AllThingsD]
