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Investors got their compensationin advance -- their loses are limited to the amount invested, regardless of liability incurred. Thus additional compensation sho
by gowld 5y ago
Investors 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...