The board members can be sued personally, a few of them actually have significant assets. A plaintiff would have to "pierce the corporate veil" to do so but that likely isn't a problem in this case. The only former director that is totally free and clear is Connie Kalitta. It is pretty obvious that once he saw what Baltia was all about, he resigned.
A depo of Connie Kalitta would put a few former directors in a world of shit.
FYI, Logistics Air may be going after a few former directors. If that is true, there may be no money left by the time they are finished.
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