D&O insurance. Class action lawyers get the D&O insurance and if there are any pennies left over, the shareholders will gett nothing or basically nothing after administrative fees and postage.
Butt the class-action lawyers gett paid first - off the top - and will tke most to all of the D&O insurance and personal judgements against MASSEY et al. (which may be uncollectable). Unlike most pennyscams, this turd was bigg enuff to pay for D&O insurance.
Too much $$$ lost here for the SEC to ignore this one.