8000 Incorporated (EIGH)

[loanranger]

"They do kind of imply that suspension is a person's fair warning."

I would've thought that this, from the SEC page that you read, might have made it clearer to you:
"Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes the public may be making investment decisions based on false or misleading information. Suspensions give notice to current and potential investors that we have serious concerns about a company. A suspension may prevent potential investors from being victimized by a fraud."
http://sec.gov/answers/tradingsuspension.htm

I think that the body of EIGH's suspension itself suggests something stronger than an implication:
"The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company."
http://www.otcmarkets.com/stock/EIGH/news?id=23686&b=y


And should you have any lingering uncertainty, I suggest that you consider the following notice, assigned to the stock by OTCMarkets.com:
"Buyer Beware. There is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions. During the time it is labeled Caveat Emptor, any stock that is not in the Current Information category will also have its quotes blocked on otcmarkets.com."
http://www.otcmarkets.com/grey-market/learn/otc-market-tiers

We may differ on this, but it seems to me that anyone buying (or holding) shares of a stock after having the opportunity to read these widely distributed public notices does not deserve to be compensated should they suffer any subsequent losses. They say, in their own politically correct way, that it is their opinion that one would have to be truly loony to buy the stock in question in light of the questions surrounding the credibility and accuracy of their publicly disseminated information.


"If there is a settlement I would not be suprised if they told people who bought after the suspension to kick rocks."
I'm afraid that I don't know what type of suit you are referring to in your use of the term "settlement".