So, a few questions:
- Should the asset issuer have frozen the asset before issuing the dividend?
- Can the asset issuer even distribute dividends after the asset is frozen? (Not sure how this aspect of BitFunder works)
- Are any of the lucky sellers reading this?

The asset should have been frozen first.
The system has no way to know that a dividend being issued is not a normal dividend.
Not sure why anyone would want to allow trading after a final dividend payment goes out...
-Ukyo