May. 31 at 2:25 AM
$BBIG
This is what stock advisor said for
$BBIG
If its financial situation is good, it can be compensated, but generally the financial situation of such fraudulent companies is very bad and their ability to pay is limited. Most listed companies purchase insurance for their executives, and part of the compensation may come from insurance payouts. However, insurance usually has a limit and may not cover intentional fraud.
Once a company goes bankrupt, investors need to line up to declare their claims, and are usually at the bottom of the repayment priority order. The repayment ratio they receive will be very low and it will take a long time