It doesn't look good for Brooke holders, but I think I remember you from Aleritas, so I replied to you and triggered your email.
According to one article, the trustee has collected $10 million in funds to pay $100 million in claims on the Brooke accounts.
I figure that most of the collected funds were found in Aleritas, and that Aleritas stockholders will be entitled to a distribution. Approximately 60% of the Aleritas stock was held by Brooke.
I am keeping my fingers crossed, but the math looks good. If $10 million is the 60% which passes through to Brooke, then Aleritas is quite substantial. If Aleritas only gets 40% of 10 million, It still ain't half bad for those who bought cheap.
They haven't exactly been "transparent" on any disclosures to the public, and there are still lots of suits on the calendar.
