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Pimco New York Municipal Income Fund III V.PYN


Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.


NYSE:PYN - Post by User

Post by timclarkeson Jan 08, 2013 9:11pm
182 Views
Post# 20812859

Class Action Lawsuit -Bring it on!!!

Class Action Lawsuit -Bring it on!!!

PYN traded in the US and therrefore there should be some interested law firms that should be able to pursue a contingency lawsuit.  This cannot be initiated until resolution of the Bankrupcy filings after the Court proceedings on Friday!  I need a new hobby.  I guess its time to focus new energies on DL  as being a director, then receiver in bankruptcy to a buyer of PYN's assests and AO fumbling, spending, and lies through emails, securing debt with PYNS assets and press releases about PYNs strength/ position going forward.  Why no attempt to charge $$ per application to secure funds to avoid bankruptcy is beyond....???

 

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