Transmeta (Semiconductor) (TMTA)

[DewDiligence]

Shareholder settlement:

The only reason one would opt out of the class-action settlement would be to pursue private litigation against the company to seek a better judgment or settlement than the one proposed in the class suit. Clearly not a reasonable option for anyone other than a very large shareholder.

Regarding the settlement amount per se: you get a sizable per-share amount only on shares bought during one of two periods: 1) The IPO and the period immediately following it; or 2) The period from 6/14/01-6/20/01 (inclusive). Shares bought at other times receive much smaller settlement amounts or nothing at all. Consult the detailed schedule in the legal documents you received to determine the exact amount you can expect to receive.