Oh the shares are same alright safe and worthless forever. That’s bankruptcy law for ya. When the creditors are impaired with no chance of recovery due to the outcome of the companies liquidation shareholders get nothing. Secret second transactions would constitute bankruptcy fraud. To hang one’s hat on bankruptcy fraud as a means of getting paid show one’s lack of knowledge
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.