I wouldnt exactly say that the shareholders are in a "class action" situation, unless you define a derivative suit as the same. There is no clear answer to that until the resolution of the CBV happens. Then all that is left are the shareholders and Billy. next month we see the first real action in NC, but that is very preliminary in the scope of what would be a derivative case. That poster is correct about the legal cost- Dierdre's case specifically points out that the legals would be paid out of the case in the end, but she handles the financing up front. Cant get that deal from Finger.
All information provided is the opinion of this poster from review of information in the public domain.