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Class-Action Payments Coming
By Mark Evans | July 2, 2006
For investors who bought Nortel shares or options between Oct. 24, 2000 and Feb. 15, 2001 or between April 24, 2003 and April 27, 2004, you are eligible to be compensated by the $2.4-billion class-action lawsuit settlement. According to the Toronto Star, 600,000 investors should be receiving 33-page notices in a few weekse givng them the option of filing objections, opting out of the settlement, or sending proof of claim to receive a combination of cash and stock. More information will be available on whether you qualify at Nortelsecuritiesligitation.com.
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Topics: Financials, Legal Issues |
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