If I ran a mass production litigation factory, I would have low level staff follow any SEC notices, Google and prepare class action suits. It doesn't cost any money and some will pay off. Grisham's book was really an eye opener for me. I wonder why they waited so long. perhaps it just took time to get around to it. Or maybe they wanted to wait to see if any more SEC stuff came out. or maybe interested shorts or other Wave enemies encouraged action. I don't know but I can see that the world is mean and that there may be strong financial motivations to cause Wave to fail.