Instead, the Trustee is withholding such net proceeds as part of its cash reserve.
- Instead, the Trustee is withholding such net proceeds as part of its cash reserve.
- After the securities litigation has been resolved, the Trustee will distribute any remaining cash reserves following the payment of the Trusts estimated remaining expenses and liabilities.
- Such a reserve could reduce or eliminate the amount of, or delay the timing of payment of, sale proceeds that may be distributed to unitholders.
- The sale closed on April 22, 2021, with an effective date of April 1, 2021.