"Since Terry pretty much revealed that his attempt at going through as a class action failed, we can safely assume that at the very least he has been told directly why, but he doesn't want to reveal that, because it's bad news."
Why should he reveal something that would undermine his legal position?
"(I already strongly hinted that there are at least 2 major reasons why a class action won't be filed here... so not a surprise)."
Yes, you have said that there are 2 reasons, but you won't say what they are. Well, honey, put up or shut up. Since you're so smart, why don't you tell us these reasons?
My speculation: It's possible that law firms do not want to sue Chandra and the Cotropias because there is not yet anything to obtain from a lawsuit. Chandra and the Cotropias have formed new companies, but these companies are not yet selling any stock. So, these companies can not yet be sued for shares. Also, these companies have not yet made any money with their technologies. So, there is no money for which to sue.
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