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Old 01-03-2019, 02:10 PM  
newB
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Join Date: Jul 2006
Location: Somewhere between reality and total ape-shit bonkers.
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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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