Does not matter, they could stop the merger in it's tracks. If I lost a ton of money, I would want some pay back for sure. One could negotiate a settlement, if the two companies really want to merge. Easily done too.
“If there was really any money the class action lawyers would be ALL OVER THIS. There is not a one.”
And what would their case be? That the company was delinquent on financials? All shareholders had an opportunity to see that the financials were overdue before purchasing shares. Any judge would kick the plaintiffs out of the courtroom!
News 
Market Data 
Discover 
