How would I prove my claim in a class action settlement on a "stock misconduct" case when I shorted the stock?

Question

In order to participate in a net settlement fund, a claimant must have "purchased or otherwise acquired stock". If I shorted does the stock did I "purchase it or otherwise acquire it"?

score 3 · Answer 1 · answered Aug 14 '16 at 19:32

3

No. You shorted the stock so you are not a shareholder. If you covered your short, again you are not a shareholder as you statement of account must show. You cannot participate in the net settlement fund.

answered Aug 14 '16 at 19:32

Armando

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How would I prove my claim in a class action settlement on a "stock misconduct" case when I shorted the stock?

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