InvestorsHub Logo

rrufff

02/13/06 7:11 AM

#1820 RE: suzelowe #1818

Here's the only way to recover beyond insurance coverage. You have to get an attorney to go after the personal assets of the parties who allegedly benefited by the manipulative scheme. In this case, you may have some with decent assets. If Zig is involved, he's got some assets. You need an agressive attorney who knows how to trace assets through entities, as typically scammers will hide assets, transferred in defraud of creditors, or for less than an adequate consideration, in various entites.

Ask the lawyer about a shareholders derivative action against those who scammed and also a class action for breach of fidcuciary duties to minority shareholders. If some of the stuff posted recently is true, one might even be able to make a criminal case. If this really was a scheme, there are criminal areas that the SEC can get involved.

Best to get a smaller outfit as opposed to one of the class action shark outfits that basically do boilerplate and then settle for peanuts and large legal fees.

Just my opinion.