Replies to post #4823 on Aleritas Capital Corporation (fka ARTA)

[sidedraft]

It looks like the symbol ARTA is being reused.

[temp luvs amy]

Hopefully you fatfingered your order and bought ARTAX when we were buying ARTA.

ARTAX is the symbol for the American Century Livestrong Mutual fund. It isn't an ETF, so it's highly unlikely that a fatfinger would have worked.

What's going on?

The BK trustee is still collecting the funds and sorting out the liabilities.

Legally, they will have to pay all of the creditors, and if there are a few pennies left over, we should get them. According to my research, they will have to settle or win some lawsuits.

The size of the lawsuits indicate "dimes" not pennies at stake, IMHO. I hope we can win them. The government has already prosecuted the management, but the government settlement included no admission of wrongdoing. Any suits against the corporation will have to prove "material" wrongdoing. Any idiot can tell that the economic bubble burst in 2008, and very little wrongdoing was required to burst the bubble.