Wednesday, January 16, 2008 A court-approved mailing also notifies those who owned preferred stock they'll get $168.50 a share. The lawsuit, known as the Newby case after shareholder Mark Newby, covers those who invested in Enron stock from Sept. 9, 1997, until Dec. 2, 2001, when the company declared bankruptcy. The class comprises about 1.5 million buyers of stocks and bonds. They could have purchased common shares as high as $90 when Enron was soaring in August 2000 or as low as $1 right before the bankruptcy. Enron shareholders learn outcome of suit Labels: enron, fraud, shareholder lawsuit Previous articles Top court ruling goes against investors
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