Post by
coldheat on Feb 08, 2016 3:25am
SEC Fair Fund Distribution plan
Good and bad news....for some, as expected The following only applies to the Mcquarie settlement that totaled 15,000,000 USD. Those who purchased Puda stock during the secondary offering, Dec 8th, 2010 through April 30th, 2012 If you held the stock until April 30th 2012, you may be eligible for $12.00 per share. If you sold the stock you may be eligible for $12.00 less the sale price.. The SEC has proposed setting up a website to download forms and instructions. The site is not up yet. In short, anyone who bought their stock earlier or later then the dates of the secondary offering will receive $0. This is for the McQuarie fund only. The class action civil suit disbursement information is still pending court actions.