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Re: TomFromYahoo post# 2611

Thursday, 04/07/2022 1:05:08 PM

Thursday, April 07, 2022 1:05:08 PM

Post# of 2867
OK good thinking, sounds like a plan. And keep in mind that all shareholders can bring suit in a single action, called a class action. All shareholders are automatically members of the class, unless you opt out of it (because you want to bring your own action for some reason, an unlikely scenario for the typical shareholder). This makes it unnecessary for each of us to have to hire lawyers, etc. A single law firm would represent all of us, in a single action. From my feelers on this, it would be easy to find a lawyer willing to represent us on a contingency fee basis in this kind of action, given the egregiousness of the conduct and the high likelihood that punitive damages would be assessed.

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