Examples of Nortel common stock in a sentence
A separate class action brought on behalf of persons who purchased Nortel common stock or call options on Nortel common stock or wrote (sold) put options on Nortel common stock from October 24, 2000 through February 15, 2001, inclusive (the “Nortel I Class Period”), captioned In re Nortel Networks Corp.
If you do nothing you will be Included in the Classes certified in the Canadian Actions and be bound by the Settlement, but you will not receive any money or shares of Nortel common stock.
Claims Administrator P.O. Box 0000 City, ST 00000-0000 If you previously requested exclusion from the Global Class and are not a member of any of the Classes certified in the Canadian Actions, then you are already excluded from the Settlement and may not receive any money or shares of Nortel common stock from the Settlement.
TERMS OF PROPOSED SETTLEMENT The Settlement will provide total proceeds consisting of approximately $438,667,428 in cash, plus 314,333,875 shares of Nortel common stock for the benefit of members of the Classes.
However, the SEC Fair Fund relates to allegations similar to those asserted in the Nortel Class Actions and to purchases of Nortel common stock during the same time periods at issue in the Nortel Class Actions – i.e., from October 24, 2000 through February 15, 2001 and/or April 24, 2003 through April 27, 2004.
As explained in greater detail below, if you submitted a proof of claim that was previously approved in the Nortel Class Actions, and you do not have any additional purchases of Nortel common stock during the Recovery Period, you should not submit another Proof of Claim Form to participate in the SEC Fair Fund.
If you purchased Nortel common stock during the Recovery Period as nominee for a beneficial owner and have additional names and addresses that were not previously submitted in the Nortel Class Actions, then within ten (10) calendar days after you receive a Notice Postcard, you must either: (a) send a copy of the Postcard by first-class mail to all such beneficial owners; or (b) provide a list of the names and addresses of such beneficial owners to the Distribution Agent at the address above.
Such costs may be reasonable travel, lodging and training costs when this is legitimate due to business reasons.
If you engaged in additional purchases of Nortel common stock during the Recovery Period (i.e., the periods from October 24, 2000 through February 15, 2001 and/or April 24, 2003 through April 27, 2004) that were not approved by the courts overseeing the Nortel Class Actions, or if you did not submit a proof of claim in the Nortel Class Actions, you must submit a Proof of Claim Form in this action to be eligible to recover for those purchases in the SEC Fair Fund.
At the close of business on October 23, 2000, I owned the following number of shares of Nortel common stock (If none, write “0” or “Zero”) (must be documented if other than zero).