Actually Jazzbo, you're in quite a conundrum.
I'm no Heller, but your Catch 22 doesn't seem resolvable since the "prominent" investment bank's name can't be disclosed until the terms are met per the SEC docs (cited several times here by MF and others), and the terms can't be met until the share holders vote.
But I do share your sentiments, and would be the first person to sign onto a class action if either 1) the split occurred and the funds didn't materialize or 2). if the split occurred and the "prominent" bank's name ends up being Barney the dinosaur's piggy bank or Merryl Lynch's distant cousin twice removed Slick Willy Mensch.
To me, at least, there are too many people watching, and the consequences are to severe for tsig.com to try "to condition the market" with false and misleading info regarding the expression "prominent NYC investment bank".
Without knowing the name, any name not sufficiently recogniziable or fiscally well endowed, in my mind (as well as many others I think I can safely assume) would constitute fraud.
Ragano, Rebecca Walters, LeShuffy, Kerigan and others whose stellar reputations would be sullied along with RG's.
Somehow, I don't think the above directors, would want that to happen since all directors and advisors would be a part of any action I took.
z |
