Ann: Speedcast receives US$395 million equity commitment, page-8

I don’t think criminality is the yardstick. More likely a failure to act in the best interests of shareholders and their failure to do the job they were supposed to do when given board seats. I wonder if there might be an action against the institutions that lent shares to be shorted as their actions ultimately led to the inability to refinance and loss to all shareholders. At the very least the board erred in not addressing debt after the globe com purchase. At that time a cap raise was doable and likely would have led to better outcome for existing shareholders. I would be interested to hear from anyone with the appropriate legal experience.