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There are class action lawsuits currently, but you know how those typically go. Lawyers collect, shareholders get a coupon. Although I will admit I have made money on a few of them. I think I'm signed up for 3 right now. Weird based on the dates they use, I actually haven't lost money on the trades of some of them. I think I recently missed the date to file on Starbucks.
Private company during the interim. Rite Aid also reverse split previously. Management is not making good decisions. Commons can get liquidated over and over again as long as they have losses. I remember trading RAD 15 years ago when it was at 1.00
The commons are canceled. They will issue new stock if they want to publicly trade again.
Commons get canceled. If they choose to restructure, new shares get issued. It's a really crooked system. A company can go bankrupt as many times as it needs to. The common shareholders are always the first to lose. That's why I never play with any 'Q' stock.
If there is one stock that is fully deserving of having to pay restitution to their shareholders, it's this one. I've been in this dumpster fire since 2015, and it has been the most mismanaged company I've ever seen. The officers of this company should be ashamed to have collected any compensation.
Great call on this one...lol.... THE LOW IN 2015 WAS AROUND $120/SHARE....WOW! Think it will come back? Lol
If there is one stock that is fully deserving of having to pay restitution to their shareholders, it's this one. I've been in this dumpster fire since 2015, and it has been the most mismanaged company I've ever seen. The officers of this company should be ashamed to have collected any compensation.
It is so funny to see you first chased off your VPLM board here, and NOW, you have been laughed off the stocktwits board. Must be so sad for you, but Hey! You had a good run. You lied to people for quite a few years. Might be best to vanish now and maybe no one will remember it was you who misled them for years. Of course its awfully tough for you to do your job if you can't post anywhere. Might have to downsize your car.
Did you really ask who would pay you?? How about the money spent BY THE COMPANY in their filings, they said they used for social media promotions....I think we all know what that means..... Now quit posting here off topic......oh that's right. You're not allowed to post but once on the board you've been pumping for years. What street are you living on these days?
You have been pumping that stock for 11 YEARS now....how sad. The stock was trading at 21 cents with your first post....today its at .0151...well done! Of course you used to claim never to sell shares. Lately you have claimed you've been dumping all along. Only problem with that story is, it has only been above .21 once in that 11 years, and you told people to hold their shares.
DeerBalls
Re: None
Monday, November 18, 2013 4:09:07 PM
Post# 8949 of 128990 Maybe it will go to zero and we can get free stock...Maybe it will be bought out at $200 Billion...Maybe...
Geez, Not sure how many times you need me to post this stock sucked? I've only been saying it for years. This is the reality of investing, you don't make money on every one of them. Now, did you want to discuss my SCMI or LLY lately?...of course you don't. Made FAR more on those than I lost here. Just to make you even happier, I can tell you it looks like I've lost $34,608 so far on this stock, as I still hold some. On the other hand, just on my SCMI I made $90,800 and $344,012 so far in LLY and still hold 570 shares, so still holding about $367,000 in gain if I cashed in today....so what were you saying? Now you say the same about your stinking penny stock where the CEO's wife is dumping stock every week. I'll start you off...."I suck because___________(fill in your blank) Of course you don't whine, you are paid to pump...problem is, now that I've pointed out to everyone how you've lied and misled over the years, no one believes you any more.....You just may get fired... Curious, since you are already living in your car (according to you), where does one go when one loses their paid pump job? To a bridge?
That's all you got? Lolololololollolololol. I got nuff of a brain to not loooooz my ace in crap like Wrong Aid... BRILLIANT CALL! And then, you blame "management", BUT YOU STUCK WITH THE STOCK, RIDING IT TO PRACTICALLY ZERO! Hilarious!
Still waiting on you backing your BULLSHIT on me whining about any investment I've made, penny or not.....
Knew you'd be dumb enough to bite: So, being you were spouting about your great investment here @ around $30 per share AND LOST 99.5% RATHER THAN 99.9% OF YOUR $$$s had it been $120, you're all good and justified! LOLOLOLLOLOLOL, that is truly hilarious...
Please show me whining about any stock position I've been in....PLEASE.... Bitch about the courts, sure, BUT NOT ABOUT THE STOCK!
Thanks for biting!....lol. Math is challenging, isn't it? Lol
Lets keep this post of yours forever as proof of how idiotic you are. RAD has never been anywhere near $120, and I'd say me calling it the worst REAL COMPANY officers was exactly right. As opposed to idiots like you who buy penny stocks then whine 10 years later that they were cheated.
No it wasn't. The stock has gone through reverse splits. But the point is, that guy is a penny stock mullet who complains I point out his stock is a scam, so he had to go through my entire listed portfolio to find the two stocks I've lost money in. Difference being, I readily admit when I have a sucky stock....he's a denier.
Lets keep this post of yours forever as proof of how idiotic you are. RAD has never been anywhere near $120, and I'd say me calling it the worst REAL COMPANY officers was exactly right. As opposed to idiots like you who buy penny stocks then whine 10 years later that they were cheated.
If there is one stock that is fully deserving of having to pay restitution to their shareholders, it's this one. I've been in this dumpster fire since 2015, and it has been the most mismanaged company I've ever seen. The officers of this company should be ashamed to have collected any compensation.
Great call on this one...lol.... THE LOW IN 2015 WAS AROUND $120/SHARE....WOW! Think it will come back? Lol
recoveries Under Reorganization Plan RAD Shareholders Under the plan Rite Aid shareholders are in Class 9 and are not allowed to vote on the plan - they are deemed to have rejected the plan. They get no recovery and shares will be cancelled on the plan effective date:
"All Existing Equity Interests in Rite Aid will be cancelled and extinguished, and Holders of Existing Equity Interests in Rite Aid shall receive no recovery on account of such Interests."
I never expect to get much from a class action suit anyway. Funny thing is, the only stock I ever got a hefty sum from was a stock I actually made money on from the trade.
It won't allow me to cut and paste it, and I don't want to screenshot my personal info. Sorry. But one is 2016-'17 and the other is 2018-'23 BTW, looks like the deadline has passed for the more recent one....well actually both have now.
I already have. Problem with many of my shares is, I bought between the lawsuit dates. I'm not sure why they excluded the time in between. Anyway, there are two separate claims
UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF PENNSYLVANIA DOUGLAS S. CHABOT, et al., Individually and on Behalf of All Others Similarly Situated, Plaintiffs, vs. WALGREENS BOOTS ALLIANCE, INC., et al., Defendants. ) ) ) ) ) ) ) ) ) ) ) ) Civ. Action No. 1:18-cv-02118-JPW CLASS ACTION FINAL JUDGMENT AND ORDER OF DISMISSAL WITH PREJUDICE Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 1 of 12 - 1 - This matter came before the Court for hearing pursuant to the Order of this Court, dated October 23, 2023, on the application of the Settling Parties for approval of the Settlement set forth in the Stipulation of Settlement dated October 18, 2023 (the “Stipulation”). Due and adequate notice having been given to the Class as required in the Order, the Court having considered all papers filed and proceedings held herein and otherwise being fully informed of the premises and good cause appearing therefore, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that: 1. This Judgment incorporates by reference the definitions in the Stipulation, and all terms used herein shall have the same meanings as set forth in the Stipulation, unless otherwise stated herein. 2. This Court has jurisdiction over the subject matter of the Action and over all parties to the Action, including all members of the Class. 3. Pursuant to Rule 23 of the Federal Rules of Civil Procedure, this Court hereby approves the Settlement set forth in the Stipulation and finds that: (a) the Stipulation and the Settlement contained therein are, in all respects, fair, reasonable, and adequate; (b) there was no collusion in connection with the Stipulation; (c) the Stipulation was the product of informed, arm’s-length negotiations among competent, able counsel; and Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 2 of 12 - 2 - (d) the record is sufficiently developed and complete to have enabled Plaintiffs and Defendants to have adequately evaluated and considered their positions. 4. Accordingly, the Court authorizes and directs implementation and performance of all the terms and provisions of the Stipulation, as well as the terms and provisions hereof. Except as to any individual claim of those Persons who have validly and timely requested exclusion from the Class pursuant to the Class Notice (identified in Exhibit 1 hereto), the Action and all claims contained therein are dismissed with prejudice as to the Plaintiffs and the other Class Members, and as against each and all of the Released Defendant Parties. The Settling Parties are to bear their own costs except as otherwise provided in the Stipulation. 5. No Person shall have any claim against the Plaintiffs, the Class, Plaintiffs’ Counsel, Released Defendant Parties, Defendants’ Counsel, or the Claims Administrator based on distributions made substantially in accordance with the Settlement, the Stipulation and the Plan of Allocation, or otherwise as further ordered by the Court. 6. Upon the Effective Date, Plaintiffs and each of the Class Members (who have not validly opted out of the Class), on behalf of themselves, and their respective former and present officers, directors, employees, agents, affiliates, parents, subsidiaries, insurers, reinsurers, heirs, executors, administrators, predecessors, successors, and assigns in their capacities as such, shall be deemed to have, and by Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 3 of 12 - 3 - operation of law and of this Judgment shall have, fully, finally, and forever released, relinquished, waived, and discharged any or all of the Released Plaintiffs’ Claims, including, without limitation, Unknown Claims, against Defendants and the other Released Defendant Parties, whether or not such Class Members execute and deliver a Proof of Claim, and shall be permanently barred and enjoined from the institution, maintenance, prosecution, or enforcement of any and all Released Plaintiffs’ Claims, including, without limitation, Unknown Claims, against Defendants and the other Released Defendant Parties, in any state or federal court or arbitral forum, or in the court of any foreign jurisdiction. Claims to enforce the terms of the Stipulation are not released. 7. Upon the Effective Date, each of the Released Defendant Parties, on behalf of themselves, and their respective former and present officers, directors, employees, agents, affiliates, parents, subsidiaries, insurers, reinsurers, heirs, executors, administrators, predecessors, successors, and assigns in their capacities as such, shall be deemed to have, and by operation of this Judgment shall have, fully, finally, and forever released, relinquished, and discharged any or all of the Released Defendants’ Claims, including, without limitation, Unknown Claims, against the Released Plaintiff Parties, including Plaintiffs’ Counsel, and shall be permanently barred and enjoined from the institution, maintenance, prosecution, or enforcement of any and all Released Defendants’ Claims, including, without limitation, Unknown Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 4 of 12 - 4 - Claims, against Plaintiffs and the other Released Plaintiff Parties, in any state or federal court or arbitral forum, or in the court of any foreign jurisdiction. Claims to enforce the terms of the Stipulation are not released. 8. The distribution of the Notice and publication of the Summary Notice as provided for in the Preliminary Approval Order constituted the best notice practicable under the circumstances, including individual notice to Class Members who could be identified through reasonable effort. The notice provided was the best notice practicable under the circumstances of those proceedings and of the matters set forth therein, including the proposed Settlement set forth in the Stipulation, to all Persons entitled to such notice, and said notice fully satisfied the requirements of Rule 23 of the Federal Rules of Civil Procedure, due process and any other applicable law, including the Private Securities Litigation Reform Act of 1995. No Class Member is relieved from the terms of the Settlement, including the releases provided for therein, based upon the contention or proof that such Class Member failed to receive actual or adequate notice. A full opportunity has been offered to the Class Members to object to the proposed Settlement and to participate in the hearing thereon. The Court further finds that the notice provisions of the Class Action Fairness Act, 28 U.S.C. §1715, were fully discharged and that the statutory waiting period has elapsed. Thus, it is hereby determined that all members of the Class are bound by this Judgment, except those persons listed on Exhibit 1 to this Judgment. Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 5 of 12 - 5 - 9. Any Plan of Allocation submitted by Lead Counsel or any order entered regarding any attorneys’ fee and expense application shall in no way disturb or affect this Judgment and shall be considered separate from this Judgment. Any order or proceeding relating to the Plan of Allocation or any order entered regarding any attorneys’ fee and expense application, or any appeal from any order relating thereto or reversal or modification thereof, shall not affect or delay the finality of the Final Judgment in this Action. 10. Neither the Stipulation, nor any of its terms or provisions, nor any of the negotiations or proceedings connected with it, (a) shall be offered against any of the Released Defendant Parties as evidence of, or construed as, or deemed to be evidence of any presumption, concession, or admission by any of the Released Defendant Parties with respect to the truth of any allegation by Plaintiffs or the validity of any claim that was or could have been asserted or the deficiency of any defense that has been or could have been asserted in this Action or in any other litigation, or of any liability, negligence, fault, or other wrongdoing of any kind of any of the Released Defendant Parties or in any way referred to for any other reason as against any of the Released Defendant Parties, in any arbitration proceeding or other civil, criminal, or administrative action or proceeding, other than such proceedings as may be necessary to effectuate the provisions of the Stipulation; or (b) shall be offered against any of the Released Plaintiff Parties as evidence of, or construed as, or deemed to be evidence of Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 6 of 12 - 6 - any presumption, concession, or admission by any of the Released Plaintiff Parties that any of their claims are without merit, that any of the Released Defendant Parties had meritorious defenses, or that damages recoverable under the Complaint would not have exceeded the Settlement Amount or with respect to any liability, negligence, fault, or wrongdoing of any kind, or in any way referred to for any other reason as against any of the Released Plaintiff Parties, in any arbitration proceeding or other civil, criminal, or administrative action or proceeding, other than such proceedings as may be necessary to effectuate the provisions of the Stipulation; or (c) shall be construed against any of the Released Parties as an admission, concession, or presumption that the consideration to be given hereunder represents the amount which could be or would have been recovered after trial; provided, however, that, notwithstanding the foregoing, if the Stipulation is approved by the Court, the Parties and the Released Parties and their respective counsel may file or refer to it to effectuate the protections from liability granted hereunder or otherwise to enforce the terms of the Settlement; provided, however, that, notwithstanding the foregoing, the Released Defendant Parties may file the Stipulation and/or this Judgment in any other action that may be brought against them in order to support a defense or counterclaim based on principles of res judicata, collateral estoppel, release, good faith settlement, judgment bar or reduction, or any other theory of claim preclusion or issue preclusion or similar defense or counterclaim. Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 7 of 12 - 7 - 11. Without affecting the finality of this Judgment in any way, this Court hereby retains continuing jurisdiction over: (a) payment of the Settlement Amount by Defendants in accordance with the Stipulation; (b) implementation of the Settlement and any award or distribution of the Settlement Fund, including interest earned thereon; (c) disposition of the Settlement Fund; (d) hearing and determining applications for attorneys’ fees and expenses in the Action; and (e) all parties hereto for the purpose of construing, enforcing, and administering the Settlement. 12. The Court finds that during the course of the Action, Plaintiffs, Plaintiffs’ Counsel, Defendants, and Defendants’ Counsel at all times complied with the requirements of Rule 11 of the Federal Rules of Civil Procedure. 13. In the event that the Settlement does not become effective in accordance with the terms of the Stipulation, or the Effective Date does not occur, or in the event that the Settlement Fund, or any portion thereof, is returned to the Defendants or their insurers, then this Judgment shall be rendered null and void to the extent provided by and in accordance with the Stipulation and shall be vacated; and in such event, all orders entered and releases delivered in connection herewith shall be null and void to the extent provided by and in accordance with the Stipulation. 14. The Released Parties shall bear their own costs and expenses except as otherwise provided in the Stipulation or in this Judgment. Case 1:18-cv-02118-JPW Document 325 Filed 02/07/24 Page 8 of 12 - 8
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