HA! That's a good one! Got any more jokes like that?
I've seen many pinky scams. I've only seen one class-action suit filed on behalf of shareholders.
It isn't impossible, just improbable.
I'm not sure any of Steve-o's statements (or lack thereof) would be considered illegal.
He'll just say things didn't go as planned and the business folded.
You're free to file a complaint with the SEC, but IMO previous mgmt. was more blatant in their lies yet I didn't read about anyone filing complaints against them.
I'm presently a victim of a huge scam involving four companies and millions of dollars in illegal profits.
The SEC charged 5 people with fraud, a court ordered repayments of nearly 9 mil, and still no class-action suit has arose.
I personally called many lawyers and none were willing to take the case on contingency - I'd have to put up thousands of dollars with no guarantee of repayment.
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