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Friday, February 09, 2018 3:27:25 PM
Obviously those owning shares prior to the takeover could claim this, but any shareholder who bought after 2008 could not.
And then you go back to the claim that your shares were already "diluted" by market conditions prior to the conservancy - and that if anything the conservancy increased shareholder value even after exercising the warrants.
Now - if there is some ultra-favorable treatment of the junior preferred where they get more than face value in stock for example - you might have standing to sue.
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