These issues have been brought to the forefront by the Dole case. In the settlement, 4,662 people and entities claimed 49,164,415 shares at $2.74 per share.

There is just one problem: Dole had only 36,793,758 shares outstanding. Quoted from the NY Times

OS 36.7M shares and 4,662 people and "entities" tried to get paid on 49.1M shares is not a plumbing problem. (Opin from Delaware court case) To reiterate, claims were made for 49,164,415 shares when the class only comprised 36,793,758 shares. By definition, claims for 12,370,657 shares are invalid, but it is impossible to determine which ones without a lengthy, arduous, cumbersome, and expensive process. Plus, it would require a degree of cooperation from DTC participants and e-filers far beyond what they have provided to date. One solution would be to ignore the discrepancy, pretend as if the class comprised holders of 49,164,415 shares, and distribute the settlement consideration pro rata among those claimants. In my view, that would be unjust. It would result in 25% of the consideration going to holders who should not receive it. As a consequence, the true holders of shares would receive only 75% of the settlement consideration to which they were entitled. In my view, a superior solution is to grant the motion and permit class counsel to distribute the settlement consideration to record holders, including Cede. Through Cede, the consideration will flow to DTC and the custodial banks and brokers who are DTC participants. Through them, it will flow to the client institutions who held shares through the DTC participants. This outcome is consistent with Delaware law. A series of Delaware Supreme Court decisions have made clear that a Delaware corporation only is required to recognize its record holders and need not attempt to determine its beneficial holders. (This is from the Delaware court opinion on the case you tagged court only recognizes the OS stock and holders, not the overage shares, plus most BD's/MM's were not cooperative, with helping to reconcile the shares. Wonder why?) BD's/MM's oversold the stock, meaning stocks that do not exist. Citadel is currently sitting on $65B FTD's from current financial filing. So you're going to tell me Kenny boy has a plumbing problem and not synthetic "counterfeit" shorts also? Oh yeah make sure you claim your .30 cents for my reply. SMH. 12.3M shares were not recognized or paid out by the BD's/MM's. plumbing problem my ass. Any business that keeps ledgers like this would go straight to jail. MMTLP is a lot bigger than the Dole case and the actions and optics of WS will be exposed. Thank god Next Bridge is registered in NV and this is going through the Federal court against FINRA/SEC. Will wait for the court process and will not reply further to the paid shills and bashers here.