Replies to post #8945 on Great Tang Bid Technology Inc (GTBT)

[Gixene]

Pennystockplayer, I believe you are correct. Most end with settlements. Someone who has an attorney who specializes on class action lawsuits, specifically securities fraud. Once this step is done, the trial has to be approved.

[Gixene]

Pennystockplayer, even Microsoft is involved in a class action lawsuit. Shareholders Vs. Microsoft

http://blogs.seattletimes.com/microsoftpri0/2013/08/13/class-action-lawsuit-filed-against-microsoft-over-surface-rt/

SEC in regards to class action lawsuits.

http://www.sec.gov/answers/class.htm

Often a class action is the only way to hold a corporation responsible for illegal behavior that affects many people.