FELTEX INVESTORS'' CLAIM - Opt-In
Until recently all holders, who did not opt out of the action brought in
CIV2008-409-000348, were included in the shareholder group seeking to recover
losses from investing in the June 2004 Feltex float.
The claims filed on behalf of the shareholder group are brought against Tim
Saunders, Credit Suisse First Boston & others involved in the Feltex float.
On 7 October 2008 Justice French amended the original representation order,
by deciding that, TO REMAIN IN THE GROUP, holders must now OPT-IN. To OPT-IN
all investors need to do now is complete the reverse side of the cards mailed
today to all Feltex subscribers at their 2004 address.
A copy of the card is attached.
Further information is available from:
Tony Gavigan
Director
FTX Investors Trust Limited
09 376 5328
021 075 3704
PS in fact only 1% by number (110 out of over 8,500 subscribers) of all
Feltex IPO investors opted out. This opt out percentage is in line with a
study of over 400 class action suits filed in the USA in the last 20 years.
End CA:00172732 For:FTX Type:GENERAL Time:2008-11-12:10:09:36