InvestorsHub Logo
Followers 0
Posts 4227
Boards Moderated 0
Alias Born 08/27/2004

Re: loanranger post# 335160

Thursday, 05/19/2011 11:00:55 PM

Thursday, May 19, 2011 11:00:55 PM

Post# of 346922
The shareholders have every right to pursue civil action against others associated with shares sold by the company and thus no longer property of the company. If shareholders believe that a market maker violated the laws of professional conduct, they can sue that market maker and the creditors have no right to that money because it is with respect to shares traded after the company released these shares from being a company asset. These shares, once on the public markets, are the assets of individual shareholders.

companies sue the markets on behalf of business interference. but companies have no control over shares they sold to the public. The SEC has already spoken on this.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.