I have seen this posts about a settlement a couple of time:
$100 Million =$0.10 per share
$500 million =$0.50 per share
$1 Billion =$1.00 per share
If the share count is 1.6 Billion which it appears to be, ( as opposed to the 1 Billion share calculation above) it would actually be:
$100 million= $0.06 per share
$500 million= $0.30 per share
$1 Billion= $0.60 per share
If you further include a 30% fee on the winnings for lawyers ( Not sure if 'attorney's fees' are the same as getting a cut of the winnings?) then this would be reduced to:
$100 million= $70 million to shareholders = $0.04 per share
$500 million= $350 million to shareholders = $0.21 per share
$1 Billion= $700 million to shareholders = $0.42 per share
Shares are still a good price here, but perhaps not as lucrative as has been suggested given the above. I've seen some large numbers thrown around, but looking at it realistically (albeit with little knowledge) it seems like the upper end would be around $2 Billion, which, given that there are 1.6 Billion shares and incorporating attorneys fees would end up at $0.84 per share.
Thoughts?
