Securities Claimants definition

Securities Claimants means other than Excluded Claims and any person who validly opted out or who is deemed to have opted out:
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Securities Claimants means all persons and entities, wherever they may reside, who acquired any securities of Sino-Forest including securities acquired in the primary, secondary and over-the-counter markets, other than Excluded Persons*.
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Securities Claimants means the holders of Securities Claims. “Securities-Related Claim” means:
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Examples of Securities Claimants in a sentence

  • The goal is to distribute the Net Settlement Amount among Securities Claimants who submit valid and timely claims for Securities purchased via the secondary market and/or Offerings, or any of them.

  • The Claims Administrator shall, in the absence of reasonable grounds to the contrary, assume the Securities Claimants to be acting honestly and in good faith.

  • The claims process is intended to be expeditious, cost effective and “user friendly” and to minimize the burden on Securities Claimants.

  • Persons who have opted out of the either the Authorization Class or the Supplementary Class (but not both) are Securities Claimants solely in respect of securities purchased during the class for which they have not opted out.

  • Given the utter disconnect between the securities positions on customer account statements and market trading reality, the Court finds that the Objecting Claimants and the Fake Securities Claimants are similarly situated and should therefore be afforded the same treatment.

  • Id.The Fake Securities Claimants filed written objections to both (1) the SIPA trustee’s determination of their claims as claims for cash, and (2) his refusal to value claims based on the fictitious amounts shown as dividends and interest on their last account statements.

  • The securities listed on the Objecting Claimants’ account statements, they argue, like those of the New Times Real Securities Claimants, exist in the market and therefore have values that can be ascertained.

  • To adopt the Last Statement Method in this case would be to likewise base recovery on “rosy account statements,” leading to “the absurdity of ‘duped’ investors reaping windfalls as a result of fraudulent promises.” New Times II, 463 F.3d at 130.Analogous to the account statements of the Fake Securities Claimants, the BLMIS account statements “have no relation to reality.” New Times I, 371 F.3d at 88.

  • As such, the Objecting Claimants should not be treated like the Real Securities Claimants, but rather like the Fake Securities Claimants.Accordingly, a careful review of New Times I and II convinces the Court that the Trustee’s Net Investment Method is correct.

  • As discussed supra at Factual History, section II, part C, “Fidelity Spartan U.S. Treasury Money Market Fund,” was reflected on customer account statements at times when Fidelity Brokerage Services LLC was not offering participation in any such fund for investment.The Objecting Claimants are also clearly distinguishable from the Real Securities Claimants in the New Times liquidation.


More Definitions of Securities Claimants

Securities Claimants means the holders of the Shareholder Litigation Claim.
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Securities Claimants means all Person and entities, wherever they may reside, who acquired any Securities of Sino-Forest including Securities acquired in the primary, secondary, and over- the-counter markets.
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Securities Claimants means the holders of Securities Claims.
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Related to Securities Claimants

  • Securities Claim means any Claim, whether or not the subject of an existing lawsuit, arising from the rescission of a purchase or sale of a debtor security, for damages arising from the purchase or sale of any such security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of any such Claim.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Unsecured Claim means any Claim that is not a Secured Claim.

  • Reorganized Debtors means the Debtors on and after the Effective Date.

  • Asbestos claim means any claim, wherever or whenever made, for damages, losses, indemnification, contribution, or other relief arising out of, based on, or in any way related to asbestos, including:

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.