I think if nefario return all the bitcoins and the issuer-shareholder relationship database to GLBSE users, there will not be likely anyone suing Nefario and other GLBSE Global partners.. I don't think SEC will sue or after GLBSE persistently. SEC will just force GLBSE shut down by giving a warning. GLBSE is a very small business, SEC has something bigger to deal with its limited budget.
SEC will want to identify everyone involved to follow all the money flows to get to the big fish. For cooperation they might waive criminal charges, but I doubt they will let off GLBSE easily.
Any way I want
- my money back
- compensation for loss of value while I couldn't dispose of my assets as I wished to.