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Technology Stocks : Quickturn (QKTN)

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To: Tom LePera who wrote (59)3/21/1997 10:00:00 PM
From: jetcityrandy   of 251
 
Tom and/or anyone who might know.

I recently received a notification that owners of record between 7/94 and 1/5/95 (and numerous other buy and sale dates) be eligible for sharing in a settlement fund of $2.75 million. Fortunately or unfortunately, I invested later than that.

What is the settlement fund for (other than violating some 1933 SEC rule). Can anyone explain in english (not legalese) what happened in December 94-Jan 95 that caused this legal action to be levied agains QKTN?

Have I missed something that everyone else knows about???

Awaiting all replies/responses.....
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