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FLAG Telecom Investor Lawsuit Filed

  • If you purchased the common stock of FLAG Telecom Holdings Limited (“FLAG”) between March 6, 2000 and February 13, 2002 or purchased FLAG common stock pursuant to or traceable to FLAG’s initial public offering (IPO) between February 11, 2000 and May 10, 2000, inclusive, and were damaged thereby and did not sell all of those shares prior to

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Lawsuit Overview

JULY 2010 - A class action settlement has been reached in a class action lawsuit pending in the United States District Court for the Southern District of New York against certain directors and officers (the “Individual Defendants”) of FLAG Telecom Holdings Limited (“FLAG”). The Flag Telecom securities class action settlement Defendants agreed to create a $23.8 million settlement fund...

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