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Re: Traderfan post# 61865

Tuesday, 02/03/2009 1:53:13 PM

Tuesday, February 03, 2009 1:53:13 PM

Post# of 86823
They seek damages on behalf of shareholders in a class action, if they determine there is a case. They work for a percentage of any settlement. Even if a company is broke, there are still shares in the hands of management that can be gone after. Sometimes a settlement may be reached out of court. The courts will allow sales of undeclared stock (http://www.sec.gov/interps/legal/cfslb3r.htm0), for example. Anyhow, If you are at a loss, get help. These guys know what to do (Rosen).

http://www.rosenlegal.com/