RE:Important News - Must readThanks for the update.
I hope that in addition to the Directors and Officers, the Trust will consider action against the Auditors PWC, investment brokers who promoted the stock (eg Jennings Capital) and Muriel & Prom who purchased back assets at 50% of the value they previously sold them to TID.
TID carried $35 million of D&O insurance, PWC will carry much more, M&P may have quite a bit. It's the insurers who will pay, but tying up the D's & O's in legal battles will be some small consolation for those who have lost money.