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Facebook "Fair Fund" Question
Posted on 9/8/22 at 8:38 am
Posted on 9/8/22 at 8:38 am
This is a fund set up as a result of a class action suit against Facebook for their "misleading disclosures" which alleged brought harm to their investors.
I'm trying to get a rough idea of any potential compensation for me as Joe Investor because it's going to take a bit of effort to dig up stock info from 4-6 years ago.
Anyone look into this? Is this a potential windfall of $$/share or more likely the typical class action result of pennies/share?
TIA
I'm trying to get a rough idea of any potential compensation for me as Joe Investor because it's going to take a bit of effort to dig up stock info from 4-6 years ago.
Anyone look into this? Is this a potential windfall of $$/share or more likely the typical class action result of pennies/share?
TIA
Posted on 9/8/22 at 9:59 am to Unobtanium
quote:
more likely the typical class action result of pennies/share?
Unfortunately
Posted on 9/8/22 at 10:59 am to Unobtanium
quote:
Is this a potential windfall
For the attorneys. I am shocked the system works like it does. Attorneys get a windfall and shareholders get pennies if that. There has to be a better way. It is just like the settlements you see against Capital One for something they did to their customers. Customers get $2 if they fill out all kinds of documentation that isn't even worth the time. Attorney's get $100M.
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