In this case the shareholders' lawsuit will be a class action where lawyers will do it for a contingency fee awarded by the court. All you have to do is sign the documents when they're sent to you and you are part of the lawsuit if you lost money during the class period. No cost to you. The class period in this case must be several years that this management has been harming investors. It will take a couple of years to play out but if they get revoked, I don't see how they can win against us. Of course they will try to hide their assets but in GL's case, they are about to do an IPO in Italy and not much they can do to hide their assets. I think SLTA/GL are in even bigger trouble after being revoked. I expect them to file the request for review on Thursday to do whatever they can to avoid revocation.
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