I just checked my accounts and the last of my units were removed in April. I received less than $600 total, between 2 accounts, which was probably about 10% of my investment. Thanks to all who have stayed in touch and shared info. Wasn't the ending we hoped for, but at least it's over for me.

No, I'm afraid I don't know the math on that one

That's probably correct. Or at least in line with what others have received. I had 35,800 shares and received a check for $356.99. If I recall correctly, the settlement amount isn't a straight consistent amount per share across the board. The formula was based on your actual loss. That's not to say more checks couldn't be coming in the future. But don't wait to cash this one. Only have 90 days to get it deposited before one of the attorney's claims it instead.

I probably wouldn't bother claiming the loss. For less than $500 write-off the difference in actual tax savings is probably not worth what an accountant would charge for the extra form in your filing.

Well good luck. I hope you get something close to that.

ETrade took away 21000 units from my main account. But still have 14000 in Roth account. Just gonna let them sit and hope for something else to play out on this. I still have plenty of carryover loss from bad choices. Don't need to write these off yet lol

It was regular mail.

Just got mine today for $356.99. Unfortunately, the accompanying letter is generic and doesn't give any breakdown or at least explain how many shares these account for. Etrade already gave me $208 for the 21800 shares I had in one account. So maybe this check is for the 14000 shares I still have in the second one? I suspect the vast majority of my shares didn't qualify for anything as I bought them for pennies in February 2019 after the 11/5/18 BK declaration. Dividing $356.99 by 17 cents comes out almost exactly to 2100 shares. Which sounds about right for the amount of shares I had prior to the BK announcement.

No, haven't received a check. Will be watching for one and post here if it comes.

I'm not part of any class action between Bleacher Report and Facebook that I'm aware of. And even if I was there is no reason that would just spontaneously transact through my brokerage account. Whatever it was has to be related to ANW

I hadn't checked in quite awhile I guess. On Oct 21 I just discovered I received $208.84 for CLASS ACTION BR SETTLEMENT. And ETrade charged me $12.53 for that privilege. Then a few days ago on 2/18 Etrade took all 21,800 shares out of my account.

I still have 14000 shares in my Roth account that didn't receive any payment and haven't been removed yet.

Probably because of caseload due to abuse of the system from Scamsung and other reprobates.

The process isn't over yet. The repercussions are accumulating. As far as buyout, NLST had a poison pill to prevent that. Hong doesn't want to settle for pennies on the dollar. The goal is to be recognized by the market for the innovations they have developed and to be justly and fairly compensated for their use.

CHEVRON GOES DOWN!

This is a great clip on the Chevron Doctrine. pic.twitter.com/4nkhbeA6GK

— eve (@eveforamerica) June 29, 2024

Nice summary of NLST vs MU I nabbed from Micron's own recent 10Q

On April 28, 2021, Netlist, Inc. (“Netlist”) filed two patent infringement actions against Micron, Micron Semiconductor Products, Inc. (“MSP”), and Micron Technology Texas, LLC (“MTEC”) in the U.S. District Court for the Western District of Texas. The first complaint alleges that one U.S. patent is infringed by certain of our non-volatile dual in-line memory modules. The second complaint alleges that three U.S. patents are infringed by certain of our load-reduced dual in-line memory modules (“LRDIMMs”). Each complaint seeks injunctive relief, damages, attorneys’ fees, and costs. On March 31, 2022, Netlist filed a patent infringement complaint against Micron and Micron Semiconductor Germany, GmbH in Dusseldorf Regional Court alleging that two German patents are infringed by certain of our LRDIMMs. The complaint seeks damages, costs, and injunctive relief.

On June 10, 2022, Netlist filed a patent infringement complaint against Micron, MSP, and MTEC in the U.S. District Court for the Eastern District of Texas (“E.D. Tex.”) alleging that six U.S. patents are infringed by certain of our memory modules and HBM products. On August 1, 2022, Netlist filed a second patent infringement complaint against the same defendants in E.D. Tex. alleging that one U.S. patent is infringed by certain of our LRDIMMs. On August 15, 2022, Netlist amended the second complaint to assert that two additional U.S. patents are infringed by certain of our LRDIMMs. The complaints in E.D. Tex. seek injunctive relief, damages, and attorneys’ fees. On May 23, 2024, following a four-day trial regarding the second complaint filed by Netlist in the E.D. Tex., a jury rendered a verdict that Micron’s memory modules infringe two asserted patents — U.S. Patent No. 7,619,912 (“the ‘912 patent”) and U.S. Patent No. 11,093,417 (“the ‘417 patent”) — and found that Micron should pay $425 million for infringement of the ‘912 patent and $20 million for infringement of the ‘417 patent. Micron expects to appeal the verdict. On April 17, 2024, the Patent Trial and Appeal Board (“PTAB”) of the United States Patent and Trademark Office (“USPTO”) issued a final written decision (“FWD”) finding unpatentable the sole asserted claim of the ‘912 patent. Netlist has sought review of that ruling by the Director of the USPTO. If the Director upholds the FWD, and the United States Court of Appeals for the Federal Circuit subsequently affirms the FWD, then the affirmed FWD will preclude any pending actions asserting infringement of the ‘912 patent (including any infringement verdict that is subject to an ongoing appeal). The PTAB’s final written decision regarding whether all claims of the ‘417 patent are also unpatentable is expected to be issued on or before August 2, 2024.

Samsung trying to use the discovery issue to also get a hearing in California case. They want to call into question ethics of NLST counsel and get sanctions in that court as well.

If it wasn't on their exhibit list they should have objected when it was introduced. This looks like a tactic to spoil damaging evidence so it can't be used at a new trial.

Exactly. NLST doesn't want them to stop. They want them to do more and pay what they owe for the privilege. Pitman is a total political appointment. Needs to stay out of stuff he doesn't understand (which is everything) and go back to putting TBGL books in grade school libraries.

It was more my inexperience and spending several years with a shorter term view on buying and selling. I'm in a better place financially now and can afford to park some funds and wait.

I burned myself on both those. Bought 500 shares of NVDA 12 yrs ago @$10 and sold @$12. Would have been worth $600,000 now. And I did buy into NLST @.15 but sold @.40. Took a couple years before I got back into it after it broke $1. Not letting go this time. Holding for another 5 yrs if that's what it takes.

Could happen once we finally collect on one of these judgements. Always believed he'd wait until Google case was finished. But might be more about costs of forming a new BOD and exchange fees. Licensing agreement on 912 plus collected damages could be enough of a mover to get us uplisted again.

This sums it up pretty well. Short answer is yes, but rarely.

https://www.mololamken.com/knowledge-when-does-the-supreme-court-decide-patent#:~:text=In%20some%20cases%2C%20a%20rule,to%20establish%20a%20different%20rule.

Nov 5, 2018 was the BK date. Stopped trading around middle of March 2019 and converted to LTU cusip code.

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.

Still a shot at doubling my money in under 7 years, that's ahead of the curve. And saved me from losing it altogether in some other crap trade like I've done with the rest of my accounts in the last couple years lol

Gotta find a silver lining somewhere

I won't turn that down. More than doubles my money if that pans out.

I haven't heard anything. Didn't even get a postcard acknowledging my claim. But hopefully that's because I still own my shares.

That would be just above my break even price if I can get that on all my shares. Not a great payout for waiting all these years. But it will be a welcome windfall after getting battered by the current garbage market.

About 18m of those shares belong to Mercuria. Hopefully those are being excluded. Those shares were created in 2018 specifically for Merc for the sham trade facility agreement. Everyone thought they were investing to help save the company, was just a ploy for them to get majority ownership and take it over.

I have 35800 shares. But probably only 1800 of those will qualify for any disbursement. I bought 34000 of them in Feb/March 2019 hoping for a decent payout after the dust settled.

I got a postcard. If you submitted a claim for the auditor settlement last year you don't need to do anything. They will retrieve your information for consideration in this one. If you didn't file before, go to aegeansecuritieslitigation.com to submit your documents. It's the same site. If you do nothing you get nothing. Deadline to file is Sept 20th 2023.

I stopped following it closely as it drug on and kept issuing extensions. Not sure on that 900 million total. Doubt there's that much still sitting there. Could be the total amount paid out in claims so far. In which case we are probably screwed.

To the extent that Aegean/Mercuria is involved yes, that should be the end. They will dissolve our shares and issue any payout, or not, at that time. Nothing else required for us to do if a payment is coming except watch our accounts.

It's not tradable. Won't be removed from your account until they pay us out or they close the trust and dissolve our shares.

I think you can claim the loss now. But if you ever receive a payout you would just have to claim that back as a gain.

I'm curious when you submitted too.
I submitted 1 day before deadline, haven't heard anything yet.

I also have different address now than my statements show from that time period. I listed current address in the filing though.

Sell? Too soon, I still have 15 yrs until retirement.
In fact, I just bought more. This time I can unload some at $10 without losing my original investment!

That settlement is only in regards to the 2 auditing firms that were sued. You are not prohibited from joining ALL future settlements, only ALL future settlements against those defendants i.e. the auditing firms.

Option 1 statement is only in reference to the litigation vs the 2 auditing firms in this settlement. You should file if you have qualifying shares. Doesn't give up your rights to any settlements/disbursements in other litigation.

Good question. Even though it means higher disbursement to us if they don't file, they would be giving up several million dollars if they didn't. So I kind of hope they do to give credence of some kind of payout to the rest of us.

I bought a lot of shares cheap in Feb-March 2019 that won't qualify for this settlement. But still have 1800 that do. That's $684 at the .38 per share they quoted. Was worth the hour I just spent submitting the claim.

I bought shares before Nov 5 2018 and after. They all converted to the same CUSIP