InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 83.83

+1.2%

3:59 PM EST

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To: MJ who wrote (28271)	6/15/2009 7:08:54 PM
From: MJ	Read Replies (1) of 28311

Just happened to check the Merrill Lynch telephone number for the settlement on this class action. The Judge ruled on the settlement June 1st, 2009-----30 to 45 days until distribution per their telephone number. 1-888-217-2225, select the number for Status-------after disbursement of expenses. IMO Class actions are a form of welfare for the class action lawyers-------naked shorts short the stocks, analysts downgrade and then the class actions get filed-----this is the general pattern. This class action was a bundling of many class actions into one with INFO being one of the largest in % ----about 20% of the proceeds.

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