Hope you filed. I have already received a check----enough to pay two utility bills.
Now look at this one----These dudes have already spent
$58 million dollars in preparation for filing.
There are 309 companies as a part of the class-----all class periods end on "December 6th, 2000"
These lawyers are going back---------9 years to sue. HOW MANY PEOPLE KEEP RECORDS GOING BACK 9 YEARS? I doubt many.
They have 2 schedules, one listing the companies and then they have a Schedule 2 listing expected return per share with a lot of othe categories.
This list reads like a who's who of that period ----Red Hat,
GoTo, Martha Stewart, Dr. Koop,IVillage, Akamai
Going through the list you can see the larger action suits that they are bundling their class action around.
These are the ones that are above %5 million and many at 10 million and more. Most are in the under 5 million category and 1 to 2 million.
Akamai , Commerce One, Inc., Corvis, Corp., Covad Communications, Etoys, Inc., Foundry Networks, Global Crossing, Priceline.Com., Sycamore Networks, Inc.,VA LInux Systems Inc, (also known as VA Software Corp.)
You can get a proof of claim form at
www.iposecuritieslitigation.com
Deadline for paper form is postmarked no later than December 10, 2009 and the electronic form is the same
If you file------I suggest aiming for an earlier deadline.
Now------I am doing a disclaimer on any thing I wrote here----
not giving advice------just commenting.
mj |
