we also have jacob frenkle, former s.e.c. enforcement attorney with us as well. d we want to sort of get everybody's perspective. jacob, let me start with you. if steve cohen called you on friday and said, take this case, would you? is this a good case? >> in a heartbeat because i do think it is a weak case. going back to -- a lot of what you were talking about at the beginning, yes, this case in front of an administrative law judge, the first thing i want to know is, who is the administrative law judge that they draw? what i'm doing in trying this case, i'm not trying this case for the alj. i'm not trying this case for that first-level appeal, the administrative law judge. sorry. i'm not trying this case for that first-level appeal to the securities and exchange commission sitting as an appellate body. i'm trying to case for the district of columbia circuit court. the united states court of appeals which is where the appeal goes from the s.e.c., where the s.e.c. has not met with much success, certainly in recent years. and that's my approach to this case. going b