All of what you said is exactly true in this situation, but I'd like to emphasize the importance of one thing. Shareholders should file complaints with the SEC, and warn shareholders at Klein's latest venture as to his track record. People need to stop letting these so called CEOs get away with this sort of behavior. Although there is next to no chance of recovering any money here, it looks like there might be enough evidence to make an example of Klein should anyone have the time and resources.
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