by offering shares in the new company, or in the merging company ( probalbly Albertaco IMO )
That is my reading of the situations.
In any case one could win if one seeks disgorgement : SEC wins in court - get disgorgement TECO RM's - get offered shares at a better value than current value ( now this is my guess )
So seeking disgorgement is the best possible scenario IMHO
Too bad for those that did not get out in time...
I won't cry over them... they simply should not be investing in pinkies if they don't know the game...