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NORTEL II SETTLEMENT Notice: Update on the Distribution of Net Settlement Funds. The Court has approved the distribution of the net settlement funds to eligible Court-approved Claimants who qualified for an award under the Plan of Allocation. A distribution of funds has occurred on the following dates: February 2022 December 2020 March 2019 May 2008 If you submitted a Claim in this case and have any questions related to that Claim, please contact the Claims Administrator whose contact information is listed here below: Nortel II Securities Litigation Inc. A Settlement in the amount of $370,157,418 in cash, and 314,333,875 shares of Nortel common stock was reached on behalf of investors who purchased Nortel common stock or call options on Nortel common stock, or wrote (sold) put options on Nortel common stock, during the period April 24, 2003 through April 27, 2004, inclusive. This Settlement relates to actions pending in the following cases:
This first distribution was conducted pursuant to court orders from the various courts which can be viewed here:
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