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Friday, August 11, 2017 3:02:48 AM
do you understand how does it work ?
- you have to be a buyer whithin the indicated window
- you have to file your request, showing a list of movements (buy/sell) whithin that period
- the legal entity asking you to partecipate has to reach an amount/quantity of partecipants capable to cover their costs
- IF you arrive in front of the court and IF proven right, then you can be entitled to receive the difference (if any) between the average price of window period less your weighted average price
do you see where the window ends ? 26th of july, meaning that all the prices after that cannot be considered to average down your weighted average price
...I know of some (very few) reimboursement are sometimes granted mainly in case of bankruptcy.
I am not a lawyer (so I maybe wrong in some aspects), but I know something about this process....do you ???
"Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 29, 2017 to file lead plaintiff applications in a securities class action lawsuit against IntelliPharmaCeutics International, Inc. (IPCI), if they purchased the Company's shares between January 14, 2016 and July 26, 2017, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York."
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