Good point,
Sadly, I don't know of any, and there have been plenty who have not come back after being attacked. The sad reality is, even if a company was able to survive such an attack, they are usually ruined by the fales accusations as the press is always notified so that the damage is often done guilty or not.
What is interesting about this case is that no press releases at all were made about seizure, raid, or whatever you want to call it. This was very unusual, but then again, this is Malaysia, so I don't know what their strategies are, but in US or other countries, a company is destroyed with false accusations leaked to press just before company is pounced on.
If we use GINS as an example, look how long this has gone on with delay after delay in hearings, and this too is a strategy regulators will use to suck the last dollar out of company. It is always tough to wage a legal battle when they seize all your assets. One thing you can count on is this, lawyers will not work for free meals at the Bistro.
Sad to say, but once you hear a company begging for legal defense donations, it is all but over. Same thing with petitions, if there was any hope, you certainly don't need petitions as they never carry any weight with regulators anyway. These are last ditch desperate moves in my years of researching other regulatory attacks, so I sure hope things are different in Malaysia.
Good luck to all, Mike
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