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Right, this means that the FLOAT is gagged waiting to collect compensation ... I wonder how much $LIQDQ assets amount to? once the debts are settled there is still something left for the shareholders, right? this is a lottery ticket, my investment is approx $ 300 we will see if we are lucky ;)
Levi & Korsinsky, LLP and Cohen Milstein Sellers & Toll PLLC Announce Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of Liquid Holdings Group, Inc. -- LIQDQ
NEWS PROVIDED BY
Cohen Milstein Sellers & Toll PLLC
Nov 25, 2019, 08:00 ET
NEWARK, N.J., Nov. 25, 2019 /PRNewswire/ -- Levi & Korsinsky, LLP and Cohen Milstein Sellers & Toll PLLC announce that the United States District Court for the District of New Jersey has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of Liquid Holdings Group, Inc. (OTCMKTS:LIQDQ):
SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED
SETTLEMENT, AND MOTION FOR ATTORNEYS' FEES AND EXPENSES
To: All persons and entities that purchased shares of common stock of Liquid Holdings Group, Inc. ("Liquid") (i) in Liquid's initial public offering on July 26, 2013; and/or (ii) on the public market between July 26, 2013 and September 24, 2015, inclusive (the "Class Period"), and were damaged thereby (the "Settlement Class").
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of New Jersey, that Michael Sanders and Sidney R. Berger ("Lead Plaintiffs"), on behalf of themselves and the Settlement Class, and Brian Storms, Kenneth D. Shifrin, and Brian Ferdinand ("collectively, "Defendants"), have reached a proposed settlement of the above-captioned action (the "Action") in the amount of $4,062,500 that, if approved, will resolve the Action in its entirety (the "Settlement").
A hearing will be held before the Honorable Kevin McNulty of the United District Court for the District of New Jersey, Martin Luther King, Jr. Federal Courthouse, Courtroom PO 04, 50 Walnut St., Newark, NJ 07102, at 10:00 a.m. on January 10, 2020 (the "Settlement Hearing") to, among other things, determine whether the Court should: (i) approve the proposed Settlement as fair, reasonable, and adequate; (ii) dismiss the Action with prejudice as provided in the Stipulation and Agreement of Settlement, dated October 29, 2019; (iii) approve the proposed Plan of Allocation for distribution of the Net Settlement Fund; and (iv) approve Co-Lead Counsel's Fee and Expense Application. The Court may change the date of the Settlement Hearing without providing another notice. You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.
IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT. If you have not yet received a Notice of Pendency of Class Action, Proposed Settlement, and Motion for Attorneys' Fees and Expenses ("Notice") and Proof of Claim and Release form ("Claim Form"), you may obtain copies of these documents by visiting the website dedicated to the Settlement, www.liquidholdingssecuritiessettlement.com, or by contacting the Claims Administrator at:
Liquid Holdings Group, Inc. Securities Litigation
c/o Strategic Claims Services
600 N. Jackson St., Suite 205
P.O. Box 230
Media, PA 19063
Toll-Free: (866) 274-4004
Fax: (610) 565-7985
info@strategicclaims.net
Inquiries, other than requests for the Notice/Claim Form or for information about the status of a claim, may also be made to Co-Lead Counsel:
Nicholas I. Porritt
LEVI & KORSINSKY, LLP
1101 30th St. N.W., Suite 115
Washington, DC 20007
(202) 524-4290
Steven J. Toll
COHEN MILSTEIN SELLERS & TOLL PLLC
1100 New York Ave. N.W.
Suite 500, East Tower
Washington, DC 20005
(202) 408-4600
If you are a Settlement Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Claim Form to the Claims Administrator postmarked or received no later than March 14, 2020. If you are a Settlement Class Member and do not timely submit a valid Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by all judgments or orders entered by the Court in the Action, whether favorable or unfavorable.
If you are a Settlement Class Member and wish to exclude yourself from the Settlement Class, you must submit a written request for exclusion in accordance with the instructions set forth in the Notice such that it is received by the Claims Administrator no later than December 20, 2019. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action, whether favorable or unfavorable, and you will not be eligible to share in the distribution of the Net Settlement Fund.
Any objections to the proposed Settlement, the proposed Plan of Allocation, and/or Co-Lead Counsel's Fee and Expense Application must be filed with the Court and mailed to counsel for the Parties in accordance with the instructions in the Notice, such that they are filed and received no later than December 20, 2019.
PLEASE DO NOT CONTACT THE COURT, DEFENDANTS, OR DEFENDANTS' COUNSEL REGARDING THIS NOTICE.
DATED: OCTOBER 30, 2019
BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT
DISTRICT OF NEW JERSEY
Good afternoon,
We do not have any information to provide regarding the current status of the stock. Claimants who submitted claims in the litigation do not liquidate their shares in order to participate in the Settlement.
Did you submit a claim for this case? If so, please provide the name/address information you supplied on your claim form so that we may locate you in our system.
Thank you.
--
Claims Administrator
Strategic Claims Services
Levi & Korsinsky, LLP and Cohen Milstein Sellers & Toll PLLC Announce Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of Liquid Holdings Group, Inc. -- LIQDQ
https://www.prnewswire.com/news-releases/levi--korsinsky-llp-and-cohen-milstein-sellers--toll-pllc-announce-proposed-class-action-settlement-on-behalf-of-purchasers-of-common-stock-of-liquid-holdings-group-inc----liqdq-300954113.html
I think and hope that before we will see a good bounce to 0.0004 or 0.0005
Many things can happen, that the court of some surprise or that some custodians
take the shell to posterir fusion or spac
LIQDQ has a very good structure and I understand that assets pending liquidation
interesting information ... we will see today if we break the 0.01 thanks
of Lazar I am invested in XNNHQ (I have been a shareholder for more than 2 years) I am also in DESTQ and LIQDQ it seems that the "Q" are having big increases ... I wonder why ...
very good structure, reduced capitalizes only about $40,000 approx ...
0.0066x60.000.000 = $ 39,600
I see that this company has assets and is pending judicial decisions ...
What about the "Q" companies? it seems that they are shooting ...
Why the otc markets website does not give any information?
https://www.otcmarkets.com/stock/LIQDQ/profile
What do you think we should expect here? new custody? merger? spac? Thank you for your valuable opinion!
Thanks ¡¡ Overall Average: 96% BUY
https://www.barchart.com/stocks/quotes/LIQDQ/opinion
LIQDQ (CH7-Small-Business) has $0.0918 per share Giant Cash Value from the court document v.s. its CH11-Big-Business ???
Does anyone have the latest shareholding structure $LIQDQ?
BOOOM $LIQDQ, News Soon ??
It seems that SPAC's are in fashion, $XNNHQ at 0.0075 is a gift Market Cap Market Cap 213,457 hyper devalued, Lazar is very intelligent he is playing in the first division
$XNNHQ It seems that SPAC'S are in fashion, Lazar knows how to play well, $XNNHQ is a great candidate thanks to its good shareholding structure.
$XNNHQ is one of Lazar's oldest shells, sooner or later its time will come
$XNNHQ at 0.0075 Market Cap Market Cap 213,457 hyper devalued, in case of news from Merger or SPACS it could easily be multiplied x 20 or x 50, my minimum objective is to sell around $
It seems that SPAC'S are in fashion, Lazar knows how to play well, $XNNHQ is a great candidate thanks to its good shareholding structure.
$XNNHQ is one of Lazar's oldest shells, sooner or later its time will come
It seems that SPAC's are in fashion ... is a very good candidate thanks to its shareholding structure
$XNNHQ Granted Low OS - 26m O/S It is still one of the most undervalued shells and with the most potential of Lazar
$ZAAG gets interesting, there is no dissolution, does this company have many assets?
Thanks ¡¡
Is there any way to find out who the majority shareholders of URBF are? URBF, apart from SHELL, does it have any active type (tax, patent, etc.)?
whose operations? is there hope that someone will keep the shell? thanks for your quick response
Finally what happens? is the ticket deleted?
Congratulations, I wanted to buy OCLG at 0.0002 but Interactive Brokers had it blocked
High volume ... is something brewing in $ $ACTL ?
Looks like we may have news ... this is a bomb, lets go PUGE
patience in the long run for rewards, XNNHQ if merged by its shareholding structure can reach $
This has a unique structure, it is a matter of time to reach 0.4 or 1 $
there is always the value of SHELL ;)
Where can we see the last shareholding structure $CATV ?
$XNNHQ New minimum post custody DAVID LAZAR ... 0.0054$
$XNNHQ New minimum post custody DAVID LAZAR ... 0.0054$
Volume alert, what happens here $CATV ?
pre market operations? is the fusion cooked?
https://ih.advfn.com/stock-market/USOTC/xenonics-pk-XNNHQ/trades
$XNNHQ has shorts to cover ? Especially on May 1, more than 1 million shares were traded ...
https://fintel.io/ss/us/xnnhq
Market Date Short Volume Total Volume Short Volume Ratio
2020-05-18 9,900 18,900 52.38
2020-05-08 5,000 194,000 2.58
2020-05-07 19,800 39,800 49.75
2020-05-06 1,000 2,000 50.00
2020-05-01 1,154,593 1,326,593 87.03
2020-04-30 14,300 18,800 76.06
2020-04-29 5,555 1,025,725 0.54
2020-04-24 9,999 51,527 19.41
2020-04-23 125,000 165,000 75.76
2020-04-03 6,000 6,000 100.00
PUGE: Current Shares Structure
O/S: 634,881,982 shares as of 09/25/2019.
FLOAT: 525,215,754 shares as of 09/25/2019.
Volume 129,797,530 August 17
I think these prices will never be seen, $DESTQ has only an O / S of 20 million, bankruptcy is going well, it may be one of the few companies to re-float, the funds will begin to take positions little by little