This is not about that. Fraser is using the fact that the companies haven't been served as an excuse for the extension, which is ridiculous considering that the companies have already been served (via some mailbox in Delaware) by the SEC in another case and did not respond. Same thing will probably happen here so that service is just a useless waste of time and money. If they want to bring others into the lawsuit they will have to serve them individually.
Yes, you are right and I agree. Just urks me that they have not sought out and served all the individuals who were officers and had "chief" titles... just got me thinking and I had to put thought down!
Maybe these other individuals don't have assets and/or wouldn't be easy to tie to the case. Remember this is a civil case. Fraser is the big fish to fry here.
If criminal charges are brought at some point - that's another story.
What is Unlce Stu's approximate net worth? I have never seen that posted anywhere.