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Technology Stocks : American Superconductor (AMSC)
AMSC 31.36-1.3%9:36 AM EST

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To: Lawrence Burg who wrote (957)7/11/2018 4:38:55 PM
From: Art Bechhoefer  Read Replies (1) of 973
 
Lawrence -- Good research. It seems as though the shareholders' only recourse is against AMSC management itself for failure to fulfill their fiduciary duty to shareholders. The bigger question, which may also affect success in a shareholder suit against management, is why did they do it? Why did they settle for less than ten cents on the dollar?

I do not have access to Pacer. At least some of the court documents will be accessible on a federal govt. web site. I have also begun an inquiry into what motives may have led to the result we now see.

Art
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