If you believe that you have been misled, or the directors have...

If you believe that you have been misled, or the directors have failed in their obligations by all means go to MB or the like.

This suit would likely be above their $10M threshold and the directors collectively should have assets worth pursuing.

But be prepared for a long fight that will tax you mentally, emotionally and financially. And that only gets you to the point where a law firm will consider a law suit.

My advice, after being through the ringer in pursuit of justice for shareholders, is to mark it up to experience and consider this loss the course fee for investing in publicly listed companies 101.