Re: Merrill lynch settlement checks coming by 6/30 eom
At the moment looks close to 75 cents per share. The 43 cent figure is the 2.4B settlement fund. That is then divided among those who filed approved claims. Apparently a lot didn't file or failed to document claims. Expenses are surprisingly low. The unknown is that they will offer those who filed but did not document the claim 30 days to correct the filing. This will not slow checks to those with approved claims, but you will get two checks, one assuming the bad claims are fixed,the second after those claims are known.