That is the system operating normally and it is worth understanding rather than being angry about.

The federal securities class action in Connecticut settled for forty-one million dollars, of which the insurers paid the large majority.

Shareholders who had bought in a defined window received, on a claim form, something in the region of nineteen cents a share.

The Securities and Exchange Commission opened an inquiry.

I know this because I received a request for documents.

It was closed twenty-two months later with no enforcement action recommended, and I found that out from a two-line letter.