I agree. The only thing a class action will do is make some layers more wealthy. I recently received a check of $23 from Toyota because of some class action filed regarding something to do with a 2002 Land Cruiser I own. No doubt the case went on for years and whatever the issue is the $23 won't come near to fixing it but some layers no doubt made a pile of coin for their trouble.
I know it's frustrating not hearing anything and maybe an attorney can force them to communicate something but since Barbera is no longer a director of MSGI I don't know what he can say anyway.
A class action lawsuit for a grey market stock trading at .002? I think a tax loss would net a better outcome.
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