clamoring for a class action lawsuit except CH. When the Lahr financial spigot was turned off, CH seems to be pushing for legal moves that help CH make some money. Class action seems like the last resort by someone who ignored some simple moves.
You can't sue the brokers for fraud that was started and expanded at the DTC. You sue the DTC and specically go after James Femia. Yet, those 400 shareholders who ponied up a hundo each probably will not do so again.
Did you mean smart people who did not want to chase bad investing with a bad decision? FINRA is a joke, the SEC is lazy, and the people who created this mess have never once been served. Think about that for a second.
No. You will not.
You have so many missing audited filings, you need a MM to support a 15c211 filing, you need assets and not 10 years of smoke about real estate, racing cars, hamburger stands, share exchanges, investment bankers in New York raising hundreds of millions (where did that money go?), etc.
If there's any play with BCIT, it's getting the DTC to pay restitution for accepting and approving counterfeit shares, which in turn, led to brokerages matching buy and sell orders and never following the Customer Protection Rule. Femia buried himself legally when he claimed he had the shares at the DTC to cover all 328 million.
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