So the big shareholders are hedge funds and they are happy to see their investment tank 'ços it's all part of a grand plan to take the company private.
So Al and the board are on their side compliantly tanking the share price for an ultimate buy-out?
Is this the deal?
Are mom and pop investors aware of this plan?
What are the hedge funds being told and aware of, that the small time investors aren't ?
What are the laws governing Insider Trading?
Are there issues with continuous disclosure here?
Thinking out aloud here ,Fed Sec, instead of a costly court case as you propose, , would a "poison pill "type court case be a better option?
Have a Class Action for the mom and pop investors ready to run , the trigger of course will be when the big boys make their Private Equity grab.
Might take the polish of their plan if there is a massive costly court action pending the moment they try to get their grubby mitts on all the loot.