Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.500

-0.8%

Nov 28 9:30 AM EST

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To: EL KABONG!!! who wrote (21218)	3/28/2003 8:22:44 PM
From: Anonymous	Read Replies (2) of 21876

"Attorneys for the plaintiffs, led by New York firm Milberg Weiss Bershad Hynes & Lerach LLP, also will collect a sizable amount for their work in the case. Partner David Bershad said the attorneys expect to seek fees of as much as 20% of the total settlement, and the attorneys would take the same proportion of cash, stock and warrants that shareholders get. That would mean fees of as much as $115 million. Both the settlement and the attorneys' fees require court approval. The lawyers are the ones making out. What do the shareholders get? ... an average of $63 each? ... maybe a little more? Am I included in that settlement? I guess I'll have to play a waiting game ... and is the settlement taxable to the shareholders?

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