Information Required on the Proof of Claim Form Sample Clauses

Information Required on the Proof of Claim Form. Each Proof of Claim form must state and provide sufficient documentation for each Authorized Claimant’s position in UMC ADSs as of the close of trading on October 27, 2015, the day before the first day of the Class Period, and the closing position in UMC ADSs as of the close of trading on November 1, 2018, the last day of the Class Period. Each Claim Form also must list and provide sufficient documentation for all transactions in UMC ADSs, including all purchases or other acquisitions and sales, made during the Class Period. The objective of the Plan of Allocation is to equitably distribute the settlement proceeds to those Class Members who suffered economic losses as a result of the alleged fraud, as opposed to losses caused by market or industry factors or other non-fraud-related, Company- specific factors. The Plan of Allocation reflects Lead Plaintiff’s determination of potentially recoverable losses based on an analysis undertaken by Lead Plaintiff’s damages expert. Lead Plaintiff’s damages expert’s analysis included a review of publicly available information regarding UMC and statistical analyses of the price movements of UMC ADSs during the Class Period. Recognized Loss Amounts are based on the level of alleged artificial inflation in the price of UMC ADSs at the time of purchase or other acquisition. For market losses to be compensable damages under the federal securities laws, the disclosure of the allegedly misrepresented information must be the cause of the decline in the price of the stock. In this case, Lead Plaintiff alleges that Defendants made false statements and omitted material facts from October 28, 2015 through and including November 1, 2018, which were allegedly corrected, in whole or in part, by subsequent disclosures. The various Recognized Loss Amount described below are based on the timing of trades in UMC ADSs relative to these alleged “Corrective Disclosure” dates.

Information Required on the Proof of Claim Form. Each Proof of Claim form must state and provide sufficient documentation for each Authorized Claimant’s position in ATB Tokens as of the close the ATB ICO on September 15, 2017, the last day of the Class Period Each Claim Form also must list and provide sufficient documentation for all transactions in ATB Tokens, including all purchases or other acquisitions and sales, made during the Class Period, such as confirmation emails received from ATBCOIN, blockchain transaction hashes for your purchase(s) and/or sales of ATB Tokens, The objective of the Plan of Allocation is to equitably distribute the settlement proceeds to those Class Members who suffered economic losses as a result of the alleged unlawful issuance of unregistered securities. The Plan of Allocation reflects Lead Plaintiff’s determination of potentially recoverable losses based on an analysis undertaken by Lead Counsel. Lead Counsel’s analysis included a review of publicly available information regarding ATBCOIN. Recognized Loss Amounts are based on the amount claimant paid for their initial purchase of ATB tokens, less any amounts received if and when the ATB token was sold. In this case, Lead Plaintiff alleges that Defendants issued unregistered securities, in the form of ATB Tokens, in violation of the federal securities laws from June 12, 2017 through and including September 15, 2017.