how many failures to compy could they have? worst case-scenario?
and nobody has been able to answer my question: how does the company only have 500K cash on hand? seems way too low. unless they've already factored in the lawyers fees and that would have to total in the millions to make sense imo.
Hopefully they will set up a fund with any penalty money, then allow those who were misled and loss monetarily to claim their portion of the funds. Hopefully the fines will be levied on personal property of those who knowingly committed fraud as well, this would discourage future scammers.