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But he said that with the case law so firmly on the industry's side, he believed the H.M.O.'s would refuse to settle.
The appeals court noted that Judge Rakoff's opinion prejudged the assertion that Citigroup misled investors, assumed that the S.E.C. would win a trial and discounted the possibility that Citigroup would refuse to settle the case if it had to admit liability.
Similar(52)
Defendants would almost always refuse to settle on such terms, in part because an admission of a violation invites an onslaught of private securities suits seeking enormous damages.
Your inner strength is your power of change, so you must refuse to settle for average -- especially when situations do not turn out the way you would like.
They refuse to settle down and resist easy assimilation.
We will sue those that refuse to settle now.
We get everyone bathed and in bed, but the girls refuse to settle.
Romance and dating are alive and well for women who refuse to settle for anything less, they insist.
ExxonMobil, Lyondell Chemical and four other companies refuse to settle.
He told investors on the call that he had refused to settle and that he would fight the S.E.C. in court.
In refusing to settle for half-measures that would end up having little impact, the President did the right thing.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com