Wednesday, March 19, 2025 12:51:54 PM
Ted. yes, they are liable. between marcelli and lebby there is a clear pattern of misrepresenting and misleading.
there is a wealth of evidence.
however! who is there to sue? the company has immense debt. no revenue, no money. they are, in effect,
indigent.
any clawback from the bonuses given to marcelli and lebby, it would take years--no what could actually be recouped?
they'd have ample time to seriously limit what any successful lawsuit could hope to win. I do not think any lawyer
would take a case this company, not on a contingency basis, and who in their right mind would be willing to throw
good money after bad and pay lawyer fees?
now, on the other hand, revenge is a powerful motive in human affairs. there might be a group of investors who are
so steamed about being so mislead for so long that reason and rational calculation are beside the point. they
want to hurt marcelli, hurt lebby, hurt lightwave, and nothing matters except that?
exceptions abound, but generally speaking with poor investments the best thing to do is try to learn and move on...
there is a wealth of evidence.
however! who is there to sue? the company has immense debt. no revenue, no money. they are, in effect,
indigent.
any clawback from the bonuses given to marcelli and lebby, it would take years--no what could actually be recouped?
they'd have ample time to seriously limit what any successful lawsuit could hope to win. I do not think any lawyer
would take a case this company, not on a contingency basis, and who in their right mind would be willing to throw
good money after bad and pay lawyer fees?
now, on the other hand, revenge is a powerful motive in human affairs. there might be a group of investors who are
so steamed about being so mislead for so long that reason and rational calculation are beside the point. they
want to hurt marcelli, hurt lebby, hurt lightwave, and nothing matters except that?
exceptions abound, but generally speaking with poor investments the best thing to do is try to learn and move on...
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