For myself, I joined a class-action suit which put me in touch with Mike Pucillo, an attorney in Florida who handled my case. I was appointed lead plaintiff, probably due to the amount of money I lost on this scam. I recall answering some questions in writing several years ago and then getting a claims package from the SOES distribution agent. I filled out those forms and mailed copies of my brokerage statements for the period in question.
How the SOES distribution agent got everyone's name was either through the class-action attorney's, which there were several groups advertising their services at the time, or through brokerages, which has a listing of all of their clients who held stock in SEXI, or by investors who saw the web site:
sec.gov
which could have been found by doing a "google" on SEXI, Huttoe, etc.
I guess most people expected to recover little or nothing on the class action and did not invest the time to search out the solution offered by the SOES distribution team. Even if an investor expected little in the way of recovery, it was a relatively easy route to file a claim during the period offered.
It sounds like you are doing well financially, and as is the case with many people who are well off, they are also very busy earning it, and thus tend to neglect things that they know to do, but deem not worth the effort. There was so much negative energy around the whole SEXI scam that most, myself included, wanted to just put it out of our thoughts. I had so much invested, I found the motivation to go through the process to try and recover something, even if it turned out to be "pennies on the dollar".
I am glad for you that your other efforts have paid off for you and I would only suggest you contact the distribution agent to see if there is any way you can get a claim in if there is any monies left from the settlement that has not found a home. |
