Shareholders are not innocent. Look at it this way: At the time these contracts were launched it was common knowledge that mining, even with FPGA, was not going to be profitable for much longer. Note that is, if you mined yourself with a FPGA. So how did you expect to break even after paying someone a management fee?

Mining contracts have always been a bad deal for investors. But they could have figured that out by informing themselves and doing the math, like many of us did. In this case the only way investors could have made a tiny profit was if the ASIC would have been delivered. But it wasn't. On top they voted to liquidate early. The risk and decision to liquidate were taken voluntarily, now deal with your loss.