Nope, shareholders will receive zero ... shareholders deserve zero ... shareholders had plenty of time to mitigate their damages.
Nothing about this business failure is a surprise.
Call it a day and move on.
I think when you went back in time, you picked up the wrong stock almanac and ended up in some sort of parallel 2015 ... one where Local Corp goes bankrupt and loses everything for their shareholders.
"Local Corp. notes a material effect on its revenues -- the deal made up 43% of total revenue in 2014, and 46% in 2013."
pay no attention to Gustav, current shareholders are going to receive zero.
Sometimes I think you type in the dark.
Not sure if this has been noted here already, but I find it interesting that Lori Chavez has two current positions according to Linkedin. She shows her current positions as the VP of Marketing for Local Corporation, and Sr. Director of Marketing for Guidance Software.
Things that make you go hmmmm.
He just likes to say outrageous things and maintain the charade for his own entertainment ... basically to get a reaction. The best way to annoy him is to ignore him completely.
He knows the common shareholders will receive nothing ... we all know that.
Who the heck would be criminal enough to recommend this stock?
Blame management if you like ... the reality, you're a lousy investor who can't read a balance sheet. Any folks who may have listened to you are probably peeved.