NY Court Denies Request For Blue Sheets - Resources for Investors and Journalists on MMTLP

The New York court judge has ruled and denied the request for the Blue Sheets.

$MMTLP our clients petition for the production of Blue Sheets has been denied. Will follow up soon.
— Mark R. Basile,Esq. (@BasileEsq) June 15, 2023

DrewDiligence gives a good recap on the judge’s decision

$MMTLP Summary of judges dismissal of @BasileEsq's Petition:

The judge says the purpose of pre-action disclosure under CPLR §3102 is not to determine whether the facts supporting a cause of action exist. This basically means you can't use this process to see if you have a case…
— DrewDiligence (@FreeCommercials) June 15, 2023

The community awaits an announcement by Mark Basile and his law firm as to whether there will be an appeal in this case, but in our opinion it is highly likely.

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