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my cusip # is gone with schabb replaced with
NO NUMBER
AEGEAN MARINE PETR OXXXESCROW PEND POSSIBLE FUT
is this good or very bad?
Nov 5, 2018 was the BK date. Stopped trading around middle of March 2019 and converted to LTU cusip code.
What was the date that Aegean went bankrupt? The Y00ESC015 cusip was just removed from my account, only the stock name remains. I bought my shares in the time period to receive a settlement, sent in my paper work and proof on time, but I just received a letter from Aegean that my claim was denied. I want to claim this as a total loss on my taxes.
My initial claim was denied as well
I think you should call the claim number to find out why it was denied and find a resolution.
My case was a mistake on my end but I was instructed to email Aegean to resolve the issue
I will use this letter this year to finial write this off as a total loss on my taxes.
I got the same letter and it denied my claim too.
Today was the deadline to respond to the letter that i received a couple weeks ago.
I was away on a business trip and just this morning was able to get the number to call including my Claim#.
I spoke to a very nice girl (Bree)
Who instructed me that I simply needed to send an email to Amend my claim form that I previously sent in.
She told me what the email should say so there wasn’t any confusion.
I sent it over immediately.
Hopefully good to go.
Let’s get on to business now!!
The number by the way is:
(877)888-9760
Did you call?
What was the answer?
I got same Mail and it denied my claim too.
It looks they want to gave all litigation to lawyers.
Easy rubbery.
I received the same letter the other day
Had to go out of town on business and left
the letter at home.
There is a phone number on the letter
I would like to call tomorrow
Could you please provide me with the number??
I really appreciate it.
Hopefully can get this cleared up.
Thanks again
Joe.
I received the same letter the other day
Had to go out of town on business and left
the letter at home.
There is a phone number on the letter
I would like to call tomorrow
Could you please provide me with the number??
I really appreciate it.
Hopefully can get this cleared up.
Thanks again
Joe.
I havent looked into this for quite some time... I just received a letter stating my claim was rejected due to missing documentation. Unfortunately, I was using robinhood and, conveniently enough, several of the transaction documents are corrupt or inaccessible for some reason... support was also unable to get ahold of them.
I may be calling it here. This whole process is absurd.
I got mail saying my claim was partially declined. They need more info on my purchasing transaction
Sounds good
We are waiting
I Googled AB Data Ltd
It is a Class Action Administration Company
Located in Milwaukee WI
Probably nothing
Definitely not a check
I will report my findings as soon as I get home.
Interesting , do you think any us will also get mail or is there a particular reason for your mail? TIA
I’m gettting something in the mail tomorrow from Aegean Marine Securities Litigation
C/O A.B. Data Ltd
PO Box 173088
Milwaukee WI 53217
Not sure what it could be
Never got anything in the mail from them
I’ll report back tomorrow when it arrives and I have the opportunity to open it.
Sweet! Another couple years is easy peasy lol
Apr/3/2026 ?!!
There is only one way we will see something good happening for us at some point is by collectively coming forward and engaging an attorney (share the expenses) to object and stop any motion going forward that is intended to further extend the termination date of the litigation trust (18-13374).
Unfortunately the recent motion was considered by the US Bankruptcy Court Southern District of NY to extend the termination date to April 3, 2026 as there was no objection from anyone
Let your grandkids know your account information. You’ll never see this $ lol
Hi to everyone...
I open this forum often, hoping to read something like...$x per share will be distributed to your account soon, but it is taking too long.
Contribute some emojis over there?
Of course not....
Yep. And after all this waiting then we get nothing lol
I’m starting to feel the same way
These m’fers have more tricks up their
sleeve than we can handle.
Felt like we were getting to the end and
they are able to postpone another 2
years. Complete f’ing bullshit.
We’ll never see $ in this lifetime lol
Thank you for all of your responses and expertise.
Since the trust was originally scheduled to dissolve this April, I believe they need to extend the date in order to continue pursuing recoveries. Either they feel confident in getting more money out of Melinidas and friends, or the attorneys still have more funds they can bill for before wrapping this thing up.
It's also possible they just need to extend it since they expect disbursements to take until end of this year. Seems like an awful big buffer to add though just to complete disbursements.
LITIGATION TRUST’S MOTION TO EXTEND THE TERMINATION DATE OF THE LITIGATION TRUST
The litigation trust (the “Litigation Trust”) established pursuant to the Joint Plan of Reorganization of Aegean Marine Petroleum Network Inc. and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code, dated March 22, 2019 [ECF No. 503-1] (the “Plan”),2 hereby files this motion (the “Motion”) seeking entry of an order, substantially in the form attached hereto as Exhibit B (the “Proposed Order”), extending the termination date (the “Termination Date”) of the Litigation Trust for two years from April 3, 2024 through and including April 3, 2026.
The termination date is extended until April 3, 2026 due to no objection
I never handled a bankruptcy case so I really do not know bankruptcy at all. I think the Termination date is when the assets are distributed. This is a motion to extend the termination date requesting it be extended because no one opposed.
Apparently no lawyers in this group?? 😂
Out to lunch I guess??
I’m fully invested in this process
To a fault.
Where did everyone go Joe?
Anybody have any clue what the hell this means?
Please share with the group if you have anything
Thank you
http://dm.epiq11.com/case/AES/dockets/822?debtorId=7258
It is true but n my opinion as well
Yes, I believe so jimbob4
If you were assigned YOOES number thru your brokerage and was still holding shares before trading stopped you are eligible for a payout even if you didn't file a claim, well at least that was what I was told by the the number that is listed on this forum.
behzadzorro, True as you say. However I believe, that those who settled for the latest Settlement will not be eligible for any future Claims.. So this latest Class Action Suit will probably want to cast a net as wide as possible so that there will not be anymore Claims in the future.. Those that did File a Claim would hope that only a few did File a Claim. --, so that there Claims would be larger,. In my opinion . GLTA
As you noticed it is really vast range.
It looks dreamy ,but don’t forget many many share holders trade share after the due date and this number is huge.
So which means 53M shares is not the source and not correct number for dividend.
I believe maybe more than %50 of shares traded after due date even more.
I remember last four days before the shot down trade people was selling and buying crazy and all those guys are not include in reimbursement.
Also we know still some estates from the company owner( I believe his name is Mislenadis)are investigating by law and court ,so that amount also maybe adds on our reimbursement.
Thank you for the objective review and
Information Jim.
Hope you have a great weekend
Joe.
Yes Joe these Dockets are not for the faint of heart, since we're not insiders. Never the less-- they are good to have, so that we can have all the information that is available to us, as possible.. Yes, the Class Action Suit is over. The Suit was done by the Utah Retirement Systems. However the Litigation Trust still has eight and half million available,, that they can pursue more money for us. The Litigation Trust went into details why they wanted to extend the Litigation Trust for two more years. I figure they can disturb or have enough dirt on the former Aegean Management and Owners -{with eight and a half million}- that another Settlement is possible.. GLTA}
Aegean Marine Petroleum Network Inc.
Case # 18-13374
Epic
Docket # 819
Filed Nov 14 2023
Chapter 11 Post-Confirmation Report for the Quarter Ending: /Notice of Litigation Trust's Quarterly Report for the Period July 1, 2023 Through September 30, 2023 Filed by Abid Qureshi on behalf of Litigation Trustee. (Qureshi, Abid) (Entered: 11/14/2023)
Debtor 18-13374 Aegean Marine Petroleum Network Inc.
Main Document
Aegean Marine Petroleum Network Inc.
Case # 18-13374
Epic
Docket # 819
Filed Nov 14 2023
Chapter 11 Post-Confirmation Report for the Quarter Ending: /Notice of Litigation Trust's Quarterly Report for the Period July 1, 2023 Through September 30, 2023 Filed by Abid Qureshi on behalf of Litigation Trustee. (Qureshi, Abid) (Entered: 11/14/2023)
Debtor 18-13374 Aegean Marine Petroleum Network Inc.
Main Document
Yes Jim
That’s basically what these Epic posts say.
It appears that they are petitioning the court
for an extension. I will try to figure out how to send them to the board. Nobody responds to them but I’ll try to figure it out.
I’ve been sending them from for years to this board
My understanding was that the case was
Closed/settled
A number was agreed on by both sides
They are just in the process of figuring out how many shares are left and actually qualify for payouts.
At this point how can an extension be valid.
I have called the Aegean Settlement phone number and it appears that they are cleaning things up.
These Epic Posts totally took me by surprise.
If anyone could shed some light please offer up some expertise.
I’m sure everyone here would appreciate it.
I’ll try to send them asap
Thanks
Joe, thanks for bringing the Dockets to our attention. Noticed that the 3rd Quarter Litigation Trust Report was filed November 14, 2023 and they still have about eight and a half million to work with. What I found interesting --- was that the Litigation Trust is requesting, a Court extension {from April 2024 to April 2026} against the former Aegean Marine Petroleum Network, Inc-- Management... Which to me, means that the Litigation Trust, believes they still have worthy Claims to pursue...Overall the Dockets are a long read for someone that is interested.. Also as noted on this board, we are still waiting for the closure of the Utah Retirement Class Action payouts ..GLTA
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