What "legal instrument" did your broker supposedly receive that said all their customers' shares were fake yet continued to trade them? Do you use the same broker as Pino did? If not, I don't see how they would know. They don't trade paper certs back and forth. AFAIK, the TA and company didn't initially report the cert numbers of the counterfeit securities because they weren't known until the certs were sent in for re-registration. If trades were settling, your broker would assume everything was fine.
When the DTC sent out a warning notice, they quoted the BCIT PR as its source. Yeah, the very same document you claim is not a legal instrument and not a formal notification for a little retail investor. When told the certs were not valid, the DTC demanded replacement ones. Pino's broker tried purchasing stock in the open market but didn't receive any because it was flooded w/ fake shares. They couldn't find available valid ones to purchase. Shortly later, the SEC suspension followed.
You don't seem to understand with the fed buyin suspension in place your broker doesn't need to do jack. Those who want reimbursement should stand up for themselves. Otherwise, you can spend another 25+ years waiting around for nothing to happen. Sure, this lawsuit gives you personalized notification (of something you should have known 2.5 years ago) while at the same time accuses everyone listed of securities fraud.
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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett
