Even as we speak,several large law firms are putting together the machinery to sue Mellon Bank in a class action for breach of their fiduciary duty.I am in my second year of law school,and have talked to several business/corporate B/K lawyers here in the mid-south-I can't give any names or specifics(I want to get my law license at SOME point)but look at my profile,past posts-I try not to pump,and never post erroneous BS if I can help it. ACDU has dumpped their position over the last few weeks-now we know why the PPS has eroded(or at least have a reasonable basis for speculation).As trustee,Mellon Bank had a fiduciary duty to file for and seek enforcement of the guarantee-they were supposed to do this for all holders of Cap Trust shares-they failed,and will be held accountable.Yes,the lawyers will probably get between 30%-50% of any settlement,but we WILL get alot more than the paltry 20 cents we are offered now. As I have said in multiple posts,I am prepared nto hold on to this for years,and will average down if it drops. GLTA,and have a strong heart.I know it is hard to believe in the legal system,but never forget one thing about lawyers-for every asshole out there trying to screw you out of what is yours,there is his advisarial counterpart fighting just as dirty to keep your rights intact. Faust357
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