I don't agree at all, but nevertheless, what you CAN talk about is if there is actually a law firm on retainer that is negotiating on behalf of and representing the shareholders as a class.
A simple yes or no is not jeopardizing anything.
My fear is that shareholders are talking to lawyers about what to expect and how to handle things once this matter is adjudicated.
IMO, that will be far too late.
Chasing Billy is much much harder than blocking him from going forward.
I can't afford an attorney for this. If none is in place, the only thing I could do would be to write a letter like pillskill did.
True, all documents are stamped with a file number, and that action doesn't mean that the letter was read by the judge.
Probably by his clerk, who stamped it and filed it away.
But not knowing if there is, in fact, legal shareholder representation on the record before this judge is not fair to the shareholders.
Simply stating that is or isn't the case does not violate any ethical, moral or legal position.
It is merely a fact for the shareholders to know - that there is someone covering things and not allowing Billy to grab the money and run.
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