No hole: investor suits nearly always name officers as well, under the Sec 20(a) "joint and several" catchall. The fact remains that the vast bulk of any settlement will come out of the corporation's purse, which means other investors, irrefutably innocent of any wrongdoing, will foot the bill.There must be a hole in that theory, the suit names (presumably) officers:
You keep attempting to separate "the company" from its owners -- the investors. For purposes of financial settlement, the two are equivalent.If CDPR loses and it cost them their arms and legs, that's the price of lying.
No. That's a boilerplate preamble for a class action suit; it allows these attorneys to automatically count as plaintiffs everyone who fits a particular description, unless those individuals specifically opt out of the suit.