If I could interject, I've seen the SEC investigat
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I think the onus is on investors to make better decisions. Even if investors made it a practice to ask some basic questions about the value-add, that would probably have prevented this company from ever getting a foothold.
I think the SEC did a great job here--they identified the accounting fraud and showed that the founder was highly dishonest...and did so at what was certainly a minimal cost. Any investors who paid attention saved themselves an additional 95% loss in the stock. Those here who tried to instead turn the tables by crying that the SEC was dishonest, found themselves holding the proverbial bag.
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