There is little chance of any suit as TRTC clearly stated the risks in their "forward looking" section of each filing and clearly protected themselves with additional indemnification clauses IMHO
The CEO clearly stated back in 2014 they were a growth company and stock appreciation would be years away IMHO
Then they opened more than one non profit sub company that clearly stated all assets would have to come after the assets were sold IMHO
Then we know assets are in the preferred shares NOT the common shares.
Then we saw clearly in the filings how insiders were being treated handsomely .......etc etc etc
I left in 2016 and have been warning shareholders monthly IMHO
There won't be any class action suits. All of the failed grand plans, the hope and dreams, the hype, etc. from 2014 are protected by forward looking statement protections.
TO WHOM IT MIGHT BE OF INTEREST: MY NAME IS JUAN C GONZALEZ AND I BOUGHT $191,430.55 OF TRTC STOCK IN 2014 - TODAY THE VALUE IS $19,745.60 (ABOUT 10% OF MY INITIAL INVESTMENT), AND I HAVE LOST $171,684.95 OR ABOUT 90% OF MY 401K MONEY - MY WIFE IS ALSO CARRYING A SIMILAR FINANCIAL LOSS . THEREFORE I CAN'T WAIT TO RECEIVE SOON A NOTIFICATION FOR A CLASS ACTION AGAINST TERRA TECH, CEO DEREK PETERSON AND ALL BOARD MEMBERS. WE HAVE NO OTHER HOPE AT THIS TIME.
PASTOR JUAN...WOW YOUR GETTING KILLED......ME TOO, BUT NOT AS BAD AS YOU. YOUR RIGHT A CLASS ACTION SUIT AGAINST ALL THESE CROOKS. I'M IN RENO....GOOD STORE AND GREAT LOCATION, BUT IT TURNED OUT TO BE A CAPITAL DISASTER. IT COULD BE GOOD IN TIME.