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Biovail Corporation Securities Class Action Lawsuit Settlement E-mail
2 Votes
Monday, 26 May 2008 11:06

We're sorry! This settlement is CLOSED!

No more submissions are allowed.

Please join the Top Class Actions Newsletter

list so you don't miss out next time and head

over to the OPEN SETTLEMENTS section

to see what's available!

 

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Company: Biovail Corporation

Website Link to access the Class Action Lawsuit Settlement and get YOUR Stake: Settlement Administrator Website

Address to submit paper claim:

In re Biovail Corporation Securities Litigation

c/o Complete Claim Solutions, LLC, Claims Administrator
P.O. Box 24640
West Palm Beach, FL 33416

Phone Number for Assistance: 877-465-5582

 

 

Details: Anyone who purchased Biovail stock from 2/7/2003 - 3/2/2004 can participate. No set reward so you won't know how much you'll be paid until AFTER the settlement closes. It appears that the payment will be made via their insurance, but it's not set yet. You can check the Notice (page 12) for more information. You'll need to send in a brokerage statement or other proof that you PURCHASED the stock during the specific time frame listed below. If you owned the stock during the time frame, you don't qualify. Only those who purchased stock during the time frame listed qualify to participate in the settlement.

Purchased From: 2/7/2003 - 3/2/2004

Claims Accepted Until (YOU MUST SUBMIT YOUR CLAIM BY THIS DATE!): Postmarked by September 8th, 2008

Class Action Lawsuit Settlement Amount(s): $138,000,000 to be split among the claimants minus 16.1% ($22,218,000) in attorney fees.

TCA Staff Tidbit: This is pretty cut and dry. If you bought Biovail stock during the window, participate and get SOMETHING. It may only be a few bucks a share, but it could add up to be a few thousand depending on the number of claimants.

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This site provides information about the law and class action lawsuit settlements designed to help users safely cope with their own legal needs. Legal information is NOT the same as legal advice - the application of law to an individual's specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You should consider all postings or writings at TopClassActions.com by staff or others as personal opinion only and NOT the advice of a lawyer. TopClassActions.com Legal Statement

 

©2008 TopClassActions.com / Top Class Actions LLC

Last Updated on Sunday, 15 February 2009 13:54
 
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1 Thursday, 12 March 2009 06:37
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