Sorry, we disagree. TFL is legally able create a new product forked from the old product to generate a separate revenue stream. TFL can give existing investors and customers 0 airdrops. However, TFL remains liable for the unredeemable debts from the old product.
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well said
It is legal in United States. What you are suggesting, which is incorrect, is that losing money with one ETF with Charles Schwab entitles you to raid the value of another ETF under Charles Schwab to pay for the value lost of the first ETF. Should the second ETF be invested by new investors then what you propose is illegal. Sorry you may feel entitled, but feelings will not win in court. The correct process is to file a lawsuit specifically on the first ETF, or product, unless you have hard evidence of a nexus. It is possible to connect that nexus but still it is hard to actually prove because it is just credits from a company who took pity on people. Focus on what you can win.