Ge's stock had tumbled 37.2% during that time, while the s&p 500. People who purchased ge common stock between oct. The settlement required ge to contribute $200 million to a ge fair fund, established by the sec.
Fair Value Stocks GE clearing resistance, at least for today
The sec ordered ge to pay a $200,000,000 civil money penalty and formed fair fund.
These claims will be processed and the winners get to share $200 million.
If you purchased ge common stock (ge), cusip 369604103 during the period from october 16, 2015 through and including january 16, 2018, you may be eligible for compensation from. The fund will compensate certain investors who bought ge stock between oct. The ge fair fund was established by the united states securities and exchange commission (sec) to distribute $200 million in civil money penalties paid by ge to. The general electric company (“ge”) fair fund (“geff”) was established by the united states securities and exchange commission (“sec”) to distribute the $200 million in.
Today i learned there are 1.1 million claims filed with the ge fair fund. Exchange during the period from october 16, 2015 and january 16, 2018 is eligible for compensation from the. The calculation of compensation from the ge fair fund is typically based on several factors, including the amount of your financial losses, the. Any person or entity that purchased ge common stock on a u.s.
As a potential client seeking to understand the distribution of funds from the ge fair fund, it is crucial to have a comprehensive analysis of the situation.
However, the availability of funds can. Sec found that the company failed to disclose material information to investors related to two of its. Exchange during the period from october 16, 2015 and january 16, 2018 is eligible for compensation from the. The ge fair fund is funded by ge, and the company has committed to paying out a certain amount of money.
