WRONG and WRONG. The plan clearly states that all ANWWQ common stock will get a pro rata distribution of Class B Litigation Trust Units. There is no "cutoff date" for who gets the units, it's based on the outstanding shares at the time that bankruptcy plan becomes effective.
"On the Effective Date, the holders of equity interests in AMPNI (including common stock) shall receive their pro rata share of the Class B Trust Units (which shall entitle the holders thereof to receive 100% of the recoveries from the Litigation Trust after Payment in Full of the holders of the Class A Trust Units)."