Ann: Speedcast receives US$395 million equity commitment, page-4

BL to all holders... two cowboys come in to save the train wreck left by JP...

such a terrible result for holders... customers get to continue and the business gets sold to creditors for 300m without compensation.

This wasn't a large holding for me, but at least now we have the capital loss as a certainty... soon

Realistically - is there any point in a class action???

What part of the executive team / board actions would be deemed criminal and likely to see success - with compensation to come back to holders? They simply paid too much for assets at the top of a cycle... and then were left with too much debt when the bath water was let out.