What is the expected timeline for the lawsuit to resolve, and how could that timeline influence short‑term price volatility?

Expected timeline

The class‑action complaint has just been lodged, and the only immediate deadline disclosed is the lead‑plaintiff filing cut‑off on 14 Oct 2025. After that date the parties will have to select a lead plaintiff, exchange pleadings, conduct discovery and, if the case proceeds to trial, schedule a hearing. Even in the most accelerated docket, a securities‑fraud class action typically does not reach a final resolution until 12–18 months after the lead‑plaintiff is named – meaning the earliest realistic settlement or judgment would be mid‑2026. A protracted fight, which is common in securities litigation, could push the final outcome into 2027 or later.

Impact on short‑term volatility

1. Pre‑deadline speculation (now → Oct 2025).

   • The October‑2025 filing deadline creates a sharp “event‑date” catalyst. Traders will focus on whether a credible lead plaintiff emerges, the size of the alleged damages, and any early motions to dismiss.
     
   • As the deadline approaches, options‑market activity typically spikes (higher implied volatility, widened bid‑ask spreads) as market participants price in the binary risk of a “big‑news” development.

2. Post‑deadline uncertainty (Oct 2025 → mid‑2026).

   • Once the lead plaintiff is identified, the case moves into the discovery and settlement‑negotiation phase, a period that historically fuels moderate, sustained volatility.
     
   • If the litigation appears “sticky” (e.g., multiple motions, contested valuations), the stock may trade in a wide‑range, low‑liquidity environment with repeated short‑term spikes whenever new filings or court orders are released.

Trading take‑aways

• Short‑term (now‑>Oct 2025): Expect an upward‑bias volatility burst. If the market perceives the lawsuit as a credible threat to equity value, the stock could see downward pressure on the day of the filing deadline; consider tight‑stop, delta‑neutral or short‑volatility positions (e.g., buying puts or selling near‑term call spreads) to capture the swing.
  
• Mid‑term (Oct 2025‑mid‑2026): As the case progresses, the price will likely settle into a volatility‑driven range. Traders can sell premium on higher‑IV options (e.g., short straddles/strangles) if they anticipate a “quiet” discovery phase, or hold directional exposure only if new court filings materially alter the expected loss exposure.
  

In short, the October 2025 deadline is the primary near‑term volatility driver, with the broader 12‑18‑month litigation horizon shaping a secondary, more drawn‑out volatility environment. Positioning should focus on the immediate event‑date risk first, then transition to range‑bound, volatility‑selling or hedging strategies as the case moves deeper into the legal process.