Anyone participated in a class-action?
I've gotten class-action notices before, but never participated. I know typically the lawyers make bank and the aggrieved parties get little to nothing, but yesterday I got a notice about the CenturyLink merger litigation. Since I bought their stock when it was low - right after the tech bubble burst when they were still Quest - I can join the class-action. Since the suit is for $12B, I thought I might.
"you may obtain reimbursement of your reasonable and actual out-of-pocket disbursements that would not have been made but for this request by submitting an itemized statement"
Not sure what they're asking. Shares bought, or am I to speculate some hypothetical value that was never realized as a result?
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