Computron Securities Litigation Put Period Ends On DECEMBER 21, 1998.NEW YORK--(BUSINESS WIRE)--Dec. 14, 1998--The period to resell the Computron stock distributed in connection with the previously announced settlement of the class action securities litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. against Computron Software, Inc., expires on December 21, 1998, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bernstein Litowitz Berger & Grossmann LLP LLP - Lower Layer Protocol . The settlement proceeds distributed to each authorized claimant CLAIMANT. In the courts of admiralty, when the suit is in rem, the cause is entitled in the Dame of the libellant against the thing libelled, as A B v. Ten cases of calico and it preserves that title through the whole progress of the suit. included cash and shares of Computron common stock (claimants received only cash if their total loss as defined in the Stipulation An agreement between attorneys that concerns business before a court and is designed to simplify or shorten litigation and save costs. During the course of a civil lawsuit, criminal proceeding, or any other type of litigation, the opposing attorneys may come to an agreement of Settlement was less than $15 dollars). Each share of Computron common stock distributed in the settlement ("Settlement Stock") is paired with a non-transferable right to resell the stock to the Settlement Trust for $5 a share during the period beginning DECEMBER 1, 1998 and ending DECEMBER 21, 1998. In order to receive cash in return for the Settlement Stock, authorized claimants must send their stock certificates, along with an executed Letter of Transmittal Letter of Transmittal A document used by security holder to accompany certificates surrendered in an exchange or other corporate action. (which was included in the envelope with the check and stock certificate) and all other documents and information required in the Letter of Transmittal so that they are RECEIVED by First City Transfer Company between DECEMBER 1, 1998 and DECEMBER 21, 1998 at the address noted on the Letter of Transmittal. Any submissions of Settlement Stock to First City Transfer Company prior to December 1, 1998 or after December 21, 1998 will be rejected. Shareholders who receive Settlement Stock and who wish to receive cash in return for the Settlement Stock are advised to read carefully and follow the instructions in the Letter of Transmittal. All questions regarding the distribution of the Settlement Fund must be addressed to the Claims Administrator at (800) 574-8396. |
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