During a Tuesday conference call, Davis repeatedly said that Sharpe offered “tens of millions of dollars” to settle the case before the lawsuit was filed. After several requests for clarification, Davis (after repeating that it was tens of millions) revised his position to say it was “at least $10 million.”
Whether $10 million or some multiple of $10 million, that’s a stunning revelation. Davis was asked to clarify whether Sharpe offered $10 million or in the “tens of millions.” The offer was made in a formal mediation session, before Davis was involved in the case.