Back in the 1970's when there was a class action lawsuit the shareholders actually got paid something in dollars and cents. Since the 1980's, i've been involved in over a dozen such suits and with every one of them , without exception, the lawyers got hundreds of thousands and sometimes millions. And the shareholders got an apoloygy, a back dated proxy statement or a corrected annual report.
If you are really interested in these lawsuits then you should be contacting the SEC and asking why lawyers , who own no shares are making millions on these suits while the stockholders are getting absolutely nothing other than a corrected annual report or corrected proxy statement. Something has gone terribly wrong and it's not with Moduslink, it's with the way these class action claims are made . The lawyers know they are going to get the bucks, and they file the suits in such a way that you as a shareholder never get a cash settlement. What's in it for you I ask? That is what you need to tell the SEC. Otherwise, all this is , is an exercise in highway robbery by a bunch of lawyers who are robbing both the company and the shareholders.
Good luck. And if you win, enjoy reading your corrected annual report, you earned it.
This country is run by lawyers. More than half of the politicians have a law background. In other country's around the world an accident is an accident...in this country an accident is a law suit.... )o: