I'm pretty sure the Lusk settlement was...
based on Todd repeatedly telling Scottrade "NO" on every offer they made until Todd was able to get the offer constantly raised.
As for the morons at CH, the value of the shares would be determined on economic loss, not some fruitcake fairy world decision that your scam shell corp, run by two con artists, is worth 75 cents or more. Especially when you lied about a nat gas deal in PNG, a mining deal that did not exist, F1 merger, hot dog franchises, non-existent real estate that you scammed Lahr's friends into giving money for, a gold deal in Venezuela that never existed, etc.
If this ever ended up in actual court, your actual loss would be last trade plus punitive damages. Something that Fritz and Frack are not telling their clients.