Replies to post #112805 on MedGen Inc (MDIN)

[flaflyersfan]

PROFIT4U0, there is nothing to recover and people that bought MDIN stock and did not sell it are not entitled to anything.

Good luck.

[Scumbag Fraudsters]

For now we wait.

See my last post - the first hearing is set for 6/7/17.

Once a settlement is made, if money is disgorged, a fund will be created, and someone will be appointed to administer the disbursement of compensation to investors.
The SEC told me today that the list of investors will likely be obtained from the transfer agent, then all shareholders will be contacted with instructions for claiming compensation. So make sure your contact information is up to date with the broker(s) you purchased shares through.

Everyone still has the right to hire their own legal counsel if they wish.

The fund will only address losses directly related to the purchase of stocks.
But some folks may have indirect damages, such as if they had to file bankruptcy or sell property, etc.
In that case they would need to hire their own legal counsel to recover those damages.

Anyone can try to recover damages by suing Barton et al.
Ideally an attorney would file a class action suit on behalf of all investors.

Maybe someone will adopt Barton’s kids - I’m sure they’d be happy to have a father who isn’t a convicted scumbag criminal asshole.