3 ms·
You surely must be joking! Harmed investors are the ones that should have done the due diligence in the first place. That they got anything back at all was due
by 3pt14159 5y ago
You surely must be joking!
Harmed investors are the ones that should have done the due diligence in the first place. That they got anything back at all was due to the diligence of the whistle blower. People should be rewarded for calling out white collar crime and the fees should extend to the people actually operating the fraud.
- jeltz 5y agoI am prerty sure he was sarcastic. Obviously investors should be last.
- bidirectional 5y agoWhy? It doesn't read as sarcastic to me -- investors are the ones being harmed by the scam. Obviously the current system needs to support whistleblowers more, but I don't get why one would make a sarcastic comment about helping the victims.
- gowld 5y agoInvestors got their compensationin advance -- their loses are limited to the amount invested, regardless of liability incurred. Thus additional compensation should be below the rights of creditors who performed work on their behalf. If it's the other way around, then you could go around investing in companies that never pay their bills, ripping off everyone you do business with.
- dantheman 5y agoThe investors were defrauded - that's why the SEC was investigating...
- fastball 5y agoThe investors weren't operating the fraud, they were being defrauded...