Can we all sue for losses in the stock market?
Seems counterintuitive anyway. Since the holders of the stock are the owners of the company, how do the owners fo the company sue the company they own? I've heard of lawsuits against officers of a company for material misrepresentation of facts.
I guess I just can't understand how a lawsuit like this one can even go forward. What judge won't toss them out of court on their ear?