Replies to post #7295 on Universal Express Inc fka USXP

[virginian]

I honestly think the shareholders will get nothing. This is going to be a PR nightmare for the SEC if they win. Can you say 10,000 angry shareholders and make no mistake some will blame RA but the vast majority will probably have their emails pointing directly at the SEC.

[jking1999]

lifegear: For the purposes of my answer, let's assume that somehow RA, Gunderson, and USXP somehow come up with the full amount. If they do, somewhat over 9M of the USPX penalties and some of the RA and Gunderson penalties (though I don't know how much), is earmarked to go to shareholders.

That said, how much of that will actually make it to shareholders is a big question, and it would all be earmarked to go to shareholders who owned the shares during the period of time covered by the SEC suit. Nobody who bought any shares after the SEC filed suit would be covered for any losses on those shares.