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Bullboard - Stock Discussion Forum Puda Coal Inc PUDA

Coal Steel Coal Steel
Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal... see more

Bullboard (GREY:PUDA)

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Comment by coldheaton Apr 15, 2016 10:33pm

RE:PUDA Coal settlement

I can't answer that definitively. I suggest you call them. The contact number is listed at the website. https://pudacoalfund.com/
218
Discussion
Post by hsyxuon Apr 12, 2016 7:51pm

PUDA Coal settlement

Does anyone know whether Canadian investors are eligible to apply for the settlement? In the Release Form it states something like "I am a US citizen or other US person". If I do not qualify ...more  
215
Discussion
Post by coldheaton Mar 16, 2016 8:54pm

Well, that's about it!

I have decided to close my monitoring and investigation on Puda Coal Inc... There is really nothing more to do except to watch the remaining cleanup litigation re; the two directors. Looks like the ...more  
209
Post by coldheaton Mar 16, 2016 8:47pm

Website up and running

pudacoalfund.com You should find everything you need there.
158
Post by coldheaton Feb 08, 2016 3:26am

Some more information

CALCULATION OF ELIGIBLE LOSS AMOUNT PER SHARE 3. For shares of Puda Coal common stock not purchased in the Secondary Offering, the Eligible Loss Amount per share is $0.00. 4. For shares of Puda Coal ...more  
232
Post by coldheaton 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 ...more  
213
Post by coldheaton Dec 29, 2015 10:20pm

latest available news on the distribution plans

Full docket text for document 576: ENDORSED LETTER addressed to Judge Denise L. Cote from Susan S. Pecaro dated December 18, 2015 re:....we anticipate being able to submit a draft distribution plan ...more  
289
Post by coldheaton Dec 04, 2015 9:18pm

Settlement finalized with the two US directors

Full docket text for document 574: SETTLEMENT AGREEMENT Between Lead Plaintiffs and U.S. Directors. Document filed by Hotel Ventures, Howard Pritchard, Salomon Querub, Trellus Management Company LLC ...more  
169
Post by coldheaton Nov 16, 2015 10:42am

Status Update

A meeting was held via teleconference last week regarding a distribution agreement. I will post the announcement as soon as I see it.
107
Post by coldheaton Nov 03, 2015 10:09pm

Judge granted time to prepare settlement to tang and Wizell

Full docket text for document 563: ENDORSED LETTER addressed to Judge Denise L. Cote from Laurence Rosen, Co-lead Counsel for Plaintiffs dated October 28, 2015 re: Settlement with Messrs. Wizel & ...more  
134
Post by coldheaton Nov 03, 2015 10:07pm

Settlement offer by Tang and Wizell=100K personal assets

As former directors of Puda Coal, Inc., the Independent U.S. Directors are named insureds under three insurance policies: (i) a primary layer through Federal Insurance Company, part of the Chubb Group ...more  
134
Post by coldheaton Oct 20, 2015 7:41pm

Zhu and the rest of the Chinese defendants released

ORDER: On October 9, 2015, plaintiffs were ordered show cause by October 16 why the claims against defendants Liping Zhu, Qiong Laby Wu, and Jianfei Ni should not be dismissed for failure to serve ...more  
143
Post by coldheaton Oct 20, 2015 7:38pm

Total settlement....$8,600,000 dollars

Out of that will come court approved legal costs and costs to distribute.
123
Post by coldheaton Oct 20, 2015 7:36pm

Brean Murray settles with plaintiffs

SETTLEMENT AGREEMENT Between Lead Plaintiffs and Brean Murray, Carret & Co.. Document filed by Hotel Ventures, Howard Pritchard, Salomon Querub, Trellus Management Company LLC, Steven Weissmann ...more  
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