2 ms·
So I didn't read the piece, but that money may belong to the shareholders but not be reflected on the stock price. When a company tanks stocks can be kind like
by pvarangot 6y ago
So I didn't read the piece, but that money may belong to the shareholders but not be reflected on the stock price. When a company tanks stocks can be kind like "not really that liquid", because to get back the "true" value of the assets you own via your share of the company back you need to wait for it to go up again. If you sue you may get your money sooner and put it back to work on a functioning company or lower risk investment. Does he tackle that? Skimming the article it doesn't look like it, and the motivation to sue on some of this cases is to get the ROI shareholders were hoping for in a timely and less risky fashion after a company collapses due to malice or incompetence.