I can't see anything but the Trustee doing the right thing and throwing out the complaint. Legally, the 4 simply don't have a leg to stand on if there is no document in the SEC filings for the stock. That would be like any executive saying a company gave them 50 million shares of their stock but didn't get around to filing the paperwork, but agreed to the stock.

It just doesn't hold any water. Anyone can say it, but that's why there is a SEC filing.