Anyone who has purchased shorted naked FNDM shares will be unable to precipitate in any distribution of the proceeds of any FNDM court settlement. Everyone by now should have been requested by FNDM to provide brokerage written proof of their legitimate claim of ownership of FNDM shares in order to receive their legitimate share of the proceeds of the court action.
I have been involved in situations regarding two companies so I know the amount of paper work it took to establish my right for compensation. Something I see lacking regarding FNDM. I once owed shares in FNDM, the fact that they did not delist FNDM shares as they in my opinion should have because of the completion of the court case in my opinion is a reason for consideration as to whether to remain a shareholder in the company.
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