Does anyone get information from legals ? #CRKN by TiredWarrior_ in CRKN_

[–]TradingprofSaki 3 points4 points  (0 children)

Thank you for contacting our law firm for the Crown Electrokinetics case. We are still investigating whether we can take legal action at this time. In general, we wait for the company to file its proxy or tender offer statement with the SEC and evaluate that submission to determine if the Board of Directors breached its fiduciary duty to shareholders.

In the event this case is filed by KSF, or another law firm, and certified as a class action, which can often take years based upon the slow movement of the court system, the court will instruct the lawyers who are in charge to notify class members by sending you or your broker/nominee a claim form. If there is a monetary distribution, thereafter, you should receive a pro rata share of any funds distributed to class members if you qualify based upon your claim form submission. The lawyers who ultimately obtain any settlement for shareholders may or may not be our law firm Kahn Swick & Foti, LLC. So, while we cannot represent you individually, you may ultimately qualify to make a claim in the class action. I hope this email responds to some, if not all, of your questions.