Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (103824)	4/12/2006 10:32:14 AM
From: Tommaso	Read Replies (2) \| Respond to of 132070

Posted elsewhere: It seems that because I bought 1,000 shares of Enron on 20 November 2001 for $319.95 and then sold them three days later for $380.03, a profit of $60.08, I am on a list of investors sharing in a $6,600,000,000 settlement of a class action lawsuit. The cut-off date was 2 December 2001. The "average distribution per common share" of this settlement is to be approximately $7.89. Somehow, I expect that anything I get will do a lot to skew the average downwards. But wouldn't it be neat if I got $7,890? And it would be damages, and hence tax free. I suspect that I am likely to be entitled to either nothing or to about $15. Anyone else get this notice from the United States District Court in Houston?