- 06.11.2007, 08:34:34
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- OTE0004
Important Information for Claimants in the Ahold Securities Class Action Settlement
New York, November 6 (ots/PRNewswire) - Entwistle & Cappucci LLP,
Lead Plaintiffs' counsel appointed by the United States District
Court for the District of Maryland, issues this informational release
concerning claims submitted to participate in the Settlement of the
class action against Royal Ahold N.V. ("Ahold") in the United States.
Pursuant to an October 3, 2007 Order issued by the Honorable
Catherine C. Blake of the United States District Court for the
District of Maryland, the Court-appointed Claims Administrator will
begin distributing payments from the Ahold Net Settlement Fund to
Class Members who submitted valid and supported claim forms. Class
Members will receive their Settlement Payments by check or by
electronic funds transfer. Claimants will be paid by electronic funds
transfer only if they provided correct account numbers and related
details. Claimants who did not provide complete and accurate bank
account information will be paid by check. Claimants who did not
receive a notice from the Claims Administrator indicating that their
claim would be rejected should monitor their mail or their bank
account for their Settlement Payment.
The Settlement Payments authorized by the Court's October 3, 2007
Order represent an initial distribution of 95% of the Ahold Net
Settlement Fund. If your Settlement Payment is more than US$300
(approximately EUR 209.00) you will receive a second Settlement
Payment within the next approximately 12 months. Claimants who are
entitled to a payment of $300 or less will receive full payment in
this distributuion. Claimants entitled to more than US$300 will
receive two distributions with the first payment consituting
approximately 95% of the total amount of the claimant's claim and
the second payment constituting approximately 5% of the total amount
of the claimant's claim.
The Ahold Settlement Fund is a "Qualified Settlement Fund," as
defined in United States Treas. Reg. Section 1.468B-1 through 5. The
tax treatment of your Settlement Payment will vary based upon your
tax status and treatment of your investments. Therefore, we cannot
determine the appropriate tax reporting for all recipients and we
cannot provide individual tax advice. The tax treatment of
distributions from the Net Settlement Fund is the responsibility of
each recipient. You should consult your tax advisor to determine the
tax consequences, if any, of your Settlement Payment.
Claimants receiving their Settlement Payment by check must cash
their check promptly as it will become void 180 days after the date
of issue. If you have changed your address, or if you have any
questions, you may contact the Claims Administrator by calling one of
the numbers provided below or writing to the address below:
In re Royal Ahold N.V. Securities and Erisa Litigation
c/o The Garden City Group, Inc.
Claims Administrator
P.O. Box 9000 #6378
Merrick, NY 11566-9000
U.S.A.
Country Toll Free Number
Australia 0011-800-1020-4060
Austria 0800-296107
Belgium 00-800-1020-4060
Canada 1-888-410-0027
Denmark 00-800-1020-4060
England 00-800-1020-4060
Finland 00-800-1020-4060
France 00-800-1020-4060 (France Telecom)
40-800-1020-4060 (TELE 2)
50-800-1020-4060 (Omnicom)
70-800-1020-4060 (Le 7 Cegetel)
90-800-1020-4060 (9 Telecom)
Germany 00-800-1020-4060
Hong Kong 001-800-1020-4060
Ireland 00-800-1020-4060
Italy 00-800-1020-4060
Japan 010-800-1020-4060
Liectenstein 809-2288, ask to be connected
to 800-467-8208
Luxembourg 00-800-1020-4060
Netherlands 00-800-1020-4060
Norway 00-800-1020-4060
Portugal 00-800-1020-4060
Scotland 00-800-1020-4060
Singapore 001-800-1020-4060 (Singtel IDD)
002-800-1020-4060 (MobileONE IDD)
008-800-1020-4060 (Starhub IDD)
013-800-1020-4060 (Singtel
Budget Call)
018-800-1020-4060 (Starhub
I-Call)
019-800-1020-4060 (Singtel
V019)
Spain 00-800-1020-4060
Sweden 00-800-1020-4060
Switzerland 00-800-1020-4060
United States 1-888-410-0027
International Toll Number +1-941-906-4864
Rückfragehinweis:
Contact details: Andrew Entwistle, +1-212-894-7200
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