Interesting. I had a hunch that this was what they were up to since it wasn't a market based repricing. You spell it out much more clearly. The company would die if there was a protracted investor suit. Many companies can't survive proven fraud. This shows that the CEO is on his game.

I suspect that the value of the stock will fall even further. They're cutting a tremendous amount of people, and many of those are revenue producers. I've been flooded with Zenefits resumes, including people who stayed after "The offer". They haven't hit the bottom yet.