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Notice of Court Approval of Veritaseum Fair Fund Claims Process and Distribution Plan

Notice of Court Approval of Veritaseum Fair Fund Claims Process and Distribution Plan News provided by Share this article Share this article NEW YORK, Feb. 18, 2021 /PRNewswire/  This notice is made pursuant to the Order to Show Cause dated January 15, 2021 and the Order dated February 17, 2021 in the action SEC v. Middleton et al., Case No. 19-cv-4625 (WFK) (RER) before the United States District Court of the Eastern District of New York.  As of February 16, 2021, the Veritaseum Fair Fund Distribution Agent received no objections to the Claims Process or the Distribution Plan.  Accordingly, and pursuant to the Order to Show Cause, the Distribution Agent sought court-approval of the Claims Process and Distribution Plan, which order was granted on February 17, 2021. 

Notice of Proposed Claims and Distribution Process for the Veritaseum Fair Fund and Opportunity to Object

Notice of Proposed Claims and Distribution Process for the Veritaseum Fair Fund and Opportunity to Object News provided by Share this article Share this article NEW YORK, Jan. 20, 2021 /PRNewswire/ This notice is made pursuant to the Order to Show Cause dated January 15, 2021 in the action SEC v. Middleton et al., Case No. 19-cv-4625 (WFK) (RER) before the United States District Court of the Eastern District of New York.  Those who purchased or obtained VERI tokens between April 25, 2017 through August 14, 2019 at 12:01 a.m. EST (the Relevant Period ) may be entitled to a distribution from the Veritaseum Fair Fund, which was created pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, 15 U.S.C. § 7246(a) to collect assets to be distributed to harmed VERI token investors.

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