Depending if you want compensation or not, there is a third option.
I think you might have the case of an overconfident CEO that didn’t look at the book of EMC properly and fail to predict the large amount of capital needed to keep the business going. You might be eligible for a class action.
First step is to check with a lawyer and check if it is worth starting the whole process. Some of you had considerable holding, couple of hundred dollars and a chat with a lawyer will not hurt. Then you can form a group using this forum and go ahead.
CCE Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held