If they had a genuine case they could, this is a retaliatory move with no true case.
CRDS product StrongBox and OTIV NFC readers sales disappointed investors otherwise both would be higher. Everyone has the option to sell if they see no future.
Really bad quarter for sure. They have not yet disclosed the price for the rights offering. Investors are getting nervous with the long delay on the promised court decision. Things could get ugly in the coming weeks.
One major client is a red flag. This can come down much faster than it went up. Low volume here, you would not be able to sell too easily.