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Post# of 159752
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CarltonH

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CarltonH

Re: SevenTenEleven post# 148656

Saturday, 03/24/2012 4:29:22 AM

Saturday, March 24, 2012 4:29:22 AM

Post# of 159752
The shareholders are entitled to a refund and the company is entitled to the brokers writing them a check for the capital they raised through naked short selling.

Nice idea,but not correct.
If the court gives a refund then the broker pays the investor.
If the court tells the broker to go to the company and get shares then they have to buy shares from the company.
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