Ann: Extension of Security Purchase Plan, page-24

To sue someone you must have money. Plus count sue for bad practice causing shareholders to lose all the asset value.
It works both ways.
In the end the shareholders still lose. Ps no one has said anything defamatory about the board or company everyone has spoken facts that have been published by classic them selves
Defamation lawyers assist where something that is published or spoken significantly damages someone’s reputation (known as the ‘matter complained of’). However, the defamatory publication must:

• Have occurred within the last 12 months (this is known as the limitation period);
• Been published to a third party;
• Damage the reputation of the person who has been defamed;
• Must not be substantially true.

check what you say porka as up ramping with false information can be sued too