If brought in, IMO brokers will probably request dismissal or move the case to federal court. OK district court's jurisdiction in this area is pretty narrow.
A person won't win against his broker for selling counterfeit stock w/o some proof. Megas hasn't provided any yet. Shoot, he has problems understanding NOBOs don't hold certs.
A number of defendants embraced a boilerplate answer which someone said was drafted by the plaintiff's attorneys. They included brokerage statements because they were so intent on proving innocence. No one ever proves innocence in a court case. The best one can ever do is counter allegations w/ why he should not be found guilty.
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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