If I was in a mutual fund during the 90's and it owned stock in Cendant, is it possible that I could receive

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If I was in a mutual fund during the 90's and it owned stock in Cendant, is it possible that I could receive

some part of the $3.8 Billion court fraud settlement? How would I get named to collect?

2007-01-17 07:34:28 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

2 answers

No, you are not a registered owner of Cendant, the mutual fund is. They would have to file and if they get anything back, it will become part of the total return of the fund.

2007-01-17 08:35:08 · answer #1 · answered by gosh137 6 · 1⤊ 0⤋

It is probably too late to file a claim now. See this link.

http://www.blbglaw.com/cases/cendant_securities.html

2007-01-17 07:43:28 · answer #2 · answered by spicertax 5 · 0⤊ 0⤋