Aquarius,
I am not a fan of class actions that hit current shareholders for the sins of past boards, and despite plenty of opportunities over the years , have never signed up for one, but I don't have a problem with anyone else doing so.
I would prefer that the individuals involved in the poor behaviour were the only ones sued , but for better or worse , that isn't the law.
The key point is , the losses being sued for , are because of what the law sees as being outside normal business losses.
And keep in mind , they are primarily being sued because of poor disclosure .
Very sweet that you and I like being responsible for our own actions , but that isn't that relevant to the outcomes here.
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