A123 Systems fka AONEQ

[guypersonmanthethird]

A123 Bankruptcy fraud

When A123 filed chapter 11 they specified that there would be enough money to cover shareholder equity.

There is simply no reason, other than bankruptcy fraud that shareholder equity would be dumped in this situation.

The company is not going out of business, they're running fine. The US government thinks they're valuable enough to potentially block the sale to WanXiang. WanXiang and Johnson Controls think they're valuable.

They've issued press releases over the past year about positive research developments. They were expected to turn a profit this year.

They're simply robbing shareholders of 350 million dollars.

The only solution is a class action lawsuit. Shareholders were not represented and they should have been. A123 is a public company and what they're doing is a form of fraud.