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  • Showing only topics with the tag "lawsuits.class action". Back to normal view
    1. Stocks in a class action window

      So, if I have stocks that were purchased during the class window of a class action lawsuit, is it okay for me to sell them? It's not a large amount of money at stake here, but it'd also be nice to...

      So, if I have stocks that were purchased during the class window of a class action lawsuit, is it okay for me to sell them?

      It's not a large amount of money at stake here, but it'd also be nice to be able to recoup some of the losses I had due to the misleading information that caused me to buy the stock and ive filled out the forms but they didnt say anything about future actions just asked when i bought or sold any at the time of the suit. I am not sure if it's okay to sell them or if I should hold them.

      Any one have recommendations? This is US stock exchange, and if I did sell they'd be at a loss and I have sold other stocks at profit so I would be looking at capturing the losses on my taxes.

      3 votes
    2. "Robodebt" class action to continue, despite the Australian government waiving outstanding debts and promising to repay anybody who paid an unsound debt

      Yesterday, the Australian government announced it will pay back $721m as it scraps Robodebt for Centrelink welfare recipients. But the class action lodged against the robodebt scheme will...

      Yesterday, the Australian government announced it will pay back $721m as it scraps Robodebt for Centrelink welfare recipients.

      But the class action lodged against the robodebt scheme will continue, because "the Government still needs to answer to claims of compensation and claims of damages and inconvenience and distress that this system has caused".

      7 votes