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August 4, 2005
District Investors Who Lost Money on Stocks May Receive Restitution Under Settlement on Tainted Research (Cont.)
Restitution will be given only to investors who bought stocks directly from the brokerage firms cited in the cases, and only if the shares were bought at specific times, usually right after the brokerage houses issued research reports recommending those stocks. Investors may be eligible to receive funds if the investor purchased a stock listed below through the specified financial institution during the listed time periods and a net loss was suffered on the transaction.
| Settling Party |
Relevant Equity Security |
Relevant Period of Purchase |
| Bear, Stearns & Co., Inc. |
CAIS Internet, Inc. |
November 7, 2000 - April 24, 2001 |
| Citigroup Global Markets Inc. f/k/a Solomon Smith Barney and Jack Benjamin Grubman |
XO Communications Inc. |
April 26, 2001 - November 1, 2001 |
| Deutsche Bank Securities Inc. |
United Therapeutics Inc. |
March 7, 2000 - June 5, 2000 |
| Goldman, Sacks & Co. |
WorldCom Inc. |
August 7, 2000 - December 5, 2000
April 26, 2001 - June 30, 2001 |
Washington, DC investors who are interested in viewing a list of the 50 stocks involved in the case are encouraged to visit the Global Research Analyst Settlement Distribution Funds website. General inquiries about the Global Research Analyst Settlement for those without access to the Internet can be directed to Mr. Ron C. Claiborne of the DISB Office of Communication at either (202) 442.7640 or Ron.Claiborne@dc.gov.
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