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Strategies & Market Trends : PennCorp Financial PFG -- Ignore unavailable to you. Want to Upgrade?

To: Tim Cruise who wrote (8)	10/19/1998 1:20:00 AM
From: Justice Reed	Read Replies (1) \| Respond to of 23

Read our FAQ schubert-reed.com Damages in class action securities cases are established by expert testimony. The measure of damages is the difference between the price actually paid for a security and the price that should have been paid had the market been fully informed. This calculation is made for each trade consummated during the period the market was misinformed. The price drop following the revelation of the truth is merely an indicator that the stock should have been valued less than it was during the period, and is not the measure of damages in and of itself. The length of the period and the severity of the fraud during the period are the subject of legal, factual and expert opinions during trial. However, the measure of damages is not what you would recover, for a variety of reasons (as explained in our FAQ). Regards Justice Reed