Bank of the Ozark Settlement
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Bank of the Ozark Settlement Fellow Treasurers, I recently received a letter concerning the settlement and allocation some fees concerning Bank of the Ozark (OZK). Here is a new article from Arkansas on the settlement. https://www.arkansasbusiness.com/article/140678/bank-ozk-agrees-to-pay-45m-to-settle-claims-it-misled-investors Our club owned OZK for just over a year (from spring of 2017 to the fall of 2018). I am not a lawyer and reading some of this made my head spin. (It is that boring and full of legalese that I gave up). Since OZK was a popular stock in the community for a bit I am sure we are not the only club to have received this notice. What have others decided? Here is the link to the online filing claim. http://www.ozksecuritiesclassaction.com/ Kevin Gillogly HDIC Treasurer, Maryland I have yet to receive any funds from any stock class action suit. I've received a ton of announcements. All the money goes to the lawyers, as far as I can tell. Linda Fellow Treasurers, Linda, It is not funds. It is a settlement announcement. You have to file to even be eligible for anything. I hope that helps. Kevin
BIVA Treasurer
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