Main Concern, page-2

The key word is POTENTIAL. The class action might take couple of years to materialised.
I bought in around 50 cents. Like you said, the company has no debt and some cash left.
Why would you want to participate in the class action? If you allow the company to restructure, you still have high chance of gaining your money back.
If the class action is going ahead. First, it will drive other investors away and TO opportunities.