Serge, there is a real difference between the strategy you are talking about and "filing a $50 suit in small claims court." Whether that's a viable option for multiple plantifffs/attorneys in multiple jurisdictions is a subject for discussion with someone who charges a much higher retainer than me.
Pulled this off a general legal info site (
http://www.nolo.com/) today regarding small claims court. (emphasis added)
Where should I file my small claims lawsuit?
Assuming the other party lives or does business in your state, rules normally require that you sue in the small claims court district closest to that person's residence or headquarters. In some instances, you also may be able to sue in the location (court district) where a contract was signed or a personal injury occurred (such as an auto accident). Check with your small claims clerk for detailed rules.
If a defendant has no contact with your state, you'll generally have to sue in the state where the defendant lives or does business. Because of the distance involved, out-of-state small claims lawsuits tend to be expensive and unwieldy.