The Securities and Exchange Commission Announces the Establishment of the Macquarie Capital Fair Fund for Purchasers of Puda Coal Inc. Common Stock
WASHINGTON, March 22, 2016 /PRNewswire/ --
IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF NEW YORK
Securities and Exchange Commission v Macquarie Capital (USA) Inc., et al.
(No. 15-cv-02304)
Fair Fund to Compensate Certain Investors in Puda Coal Common Stock
If you purchased shares of Puda Coal Inc. ("Puda Coal") common stock in Puda Coal's secondary public Offering on or about December 8, 2010 ("Secondary Offering"), and suffered a loss according to the Distribution Plan you may be eligible for a payment from the Macquarie Capital Fair Fund ("Fair Fund").
NOTICE: The Fair Fund was established by the Court to distribute $15 million in disgorgement, prejudgment interest and civil money penalties paid by Macquarie Capital (USA) Inc. ("Macquarie") in settlement of Securities and Exchange Commission v Macquarie Capital (USA) Inc., et al. (No. 15-cv-02304). Further details along with a copy of the Distribution Plan, which contains a description of all eligibility and other conditions to participation and other important documents relating to the Fair Fund, can be found at: www.pudacoalfund.com.
Who is Eligible to Participate in the Fair Fund?
Any person or entity that purchased Puda Coal common stock in the Secondary Offering, and held any of those Secondary Offering shares through the close of trading on April 7, 2011, may be eligible for compensation from the Macquarie Fair Fund subject to certain other eligibility limitations described in the Distribution Plan.
Claim Filing Deadline
Claim forms must be postmarked no later than 11:59 p.m. on May 13, 2016. If you need assistance in completing the claim form or if you have any questions, please contact the Distribution Agent or visit: www.pudacoalfund.com.
How to Apply?
Instructions for Obtaining and Filing a Proof of Claim Form. In order to be eligible for a recovery, you must submit a completed claim form on or before the claims deadline. You may download and print the Proof of Claim from the website at www.pudacoalfund.com or request that Epiq Class Action & Claims Solutions, Inc. ("Epiq"), the Distribution Agent, mail you a Fair Fund Proof of Claim by sending an email to [email protected], by calling Epiq toll free at 877-276-7324 or by writing to:
Macquarie Capital Fair Fund
PO Box 2838
Portland, OR 97208-2838
Please note that filing a Proof of Claim Form does not guarantee that you will be eligible for any recovery.
Questions? Please visit www.pudacoalfund.com, email [email protected], or call 877-276-7324.
SOURCE The Securities and Exchange Commission
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article