Washington (ots/PRNewswire) – RCB Fund Services LLC, the distribution agent for the BP plc (“BP”) Fair Fund (“BP Fair Fund”), announces the commencement of the BP Fair Fund claims process for holders of common shares. The U.S. Securities and Exchange Commission (“SEC”) established the BP Fair Fund to make payments to investors affected by BP’s material misrepresentations and omissions regarding the rate at which oil was released following the explosion The Deepwater Horizon oil rig entered the Gulf of Mexico. Pursuant to the distribution plan (“Plan”) approved by the Court on July 25, 2023, this tranche of the BP Fair Fund will compensate all investors who were affected by the acquisition of BP common shares suffered losses between April 26, 2010 and May 26, 2010 on the London Stock Exchange, the Frankfurt Stock Exchange or any other non-U.S. exchange and meet the terms of the Plan. A copy of the plan describing the eligibility conditions can be found at bpfairfund.com or sec.gov.
Who is eligible? Any person or entity who purchased BP common shares on the London Stock Exchange, the Frankfurt Stock Exchange or any other stock exchange outside the United States between April 26, 2010 and May 26, 2010 may, upon satisfaction of certain additional conditions set forth in plan are entitled to compensation from the BP Fair Fund.
Qualifying Securities BP-Stammaktien – SERVICE: GB0007980591
Amount of compensation The amount of compensation will be determined in accordance with the Plan and will be based on the dates of transactions in BP common shares, the number of BP common shares acquired and/or disposed of, and the total dollar value of the reimbursement claims filed with the BP Fair Fund were asserted.
How can I submit the application? You must submit the completed application form and supporting documents by the application deadline. The easiest way is to apply online via the BP Fair Fund website: bpfairfund.com. If you are unable to apply online, download a copy of the application form from the website and post the completed application form to the BP Fair Fund address below. You may also request an application form by calling us toll-free at (866) 344-7868 or emailing us at info@BPfairfund.com is from you.
Application deadline Application forms must be postmarked or submitted online by midnight on February 20, 2024.
SUBMIT AN APPLICATION NOW! BP Fair Fund, P.O. Box 6980, Syracuse, NY 13217-6980.
Toll Free Number: (866) 344-7868
International number: (315) 671-5770
Video – https://mma.prnewswire.com/media/2322427/RCB_Fund_Services.mp4
Logo – https://mma.p rnewswire.com/media/1395768/4503431/RCBFS__Logo.jpg
View original content:https://www.prnewswire.com/news-releases/bp-fair-fund-wird-bestimmte-inhaber-von-bp-plc-stammaktien-entschadigen-302039995.html