I think it would take enough shareholders to make it worth while for an attorney.
If the only assets that can be clawed back are the managers salaries for 2 years then I think that would be about a million dollars for A and D. I am not sure about what the directors were paid ?
Typically a contingency lawsuit would cost 1/3 of the award, plus costs.
If it can be determined that this gift to MEDL of all the assets then it could be that money could be clawed back from that deal as well.
I am not sure about additional punitive damages, but if we could get enough WWTH investors who have losses that cumulatively exceed these two years of managements salaries than find an attorney who would take the case for a percentage of the settlement then it would likely work.
Those are my thoughts.
All the above is my opinion, after all who would believe me anyway since I drive a 1975 Vega!
