There are a few things in the whole "situation" that rubbed me wrong, but I won't discuss them out of professional respect for those involved. I wasn't there to know what went on between them, or any of their business agreements.
The flip side is that with no information forthcoming from anyone from CDX, all we see is a bunch of drummers who have been ripped off, with no explanation as to the core issues that caused this whole problem. There should be zero trust for this company going forward, and rightfully so. Having them be public and forthright about what happened might help clear the air, but not so much as providing refunds to all the people they've ripped off.