Just passed by the board and see the miserable picture for OVTI, investors are totally hammered by the management, Class action is just a pale paperwork for such complaint – some lawyers show some sympathy, but cannot save them at all.
If you take a quick look at OVTI fundamentals, this is actually a joke, the business is not dead, and just the unpredictable adjustment from the mgmt. killed the stock, credibility is challenged. Who can save the poor shareholders, only the culprits themselves!
Good luck anyway. Hope things are not going to bad:)