Replies to post #133443 on OWC Pharmaceutical Research Corp (OWCP)

[moxa1]

So who cares if there are law firms willing to initiate a suit. It's sheer stupidity to think the shareholders would recover anything but a pittance of their losses, IF they lost anything. The suits take years and would have no effect on the pps nor would it have the public scrutiny and coverage an SEC action does. It's a non event IMO.

[AlexSwiss]

I don’t agree, I am willing to add more at this level !!!

OWCP LONG

[PhenixBleu]

Did you read the SEC press release? Why would anyone throw money at an attorney to recover losses when they can receive funds from Friedland's assets without paying a penny?

They can prove how Friedland spent the illegal gains. The seizure process has begun.

“Corporate insiders and hired experts must not be allowed to profit at the expense of retail investors by concealing the true nature of their interests and investments in companies,” said Associate Director Melissa Hodgman. “If we determine that fraudsters are spending their illicit profits, the staff will act quickly to protect those assets in hopes of returning them to harmed shareholders.”

https://www.sec.gov/news/press-release/2018-34

There are many law firms that INITIATE a lawsuit and then SOLICIT complainants.

They need one person to sign as the lead complainant.

IF there was such a lawsuit it would come in the near term.