I only invested in options. Am I a class member?

I only invested in options. Am I a class member?

If you only invested in options, then you may or may not qualify as a class member, depending upon the class definition alleged in the complaint. Some class actions include only purchasers who transacted in common stock, while others include investors who transacted in other types of securities. Also, a class definition may change as the case progresses, so while it may have only included purchasers of certain types of securities when it was initially filed, the class definition may later change to include or exclude investors who purchased other types of securities.

If you would like more information about whether you qualify as a class member in a case, please contact us.

Author
Katherine M. Lenahan
Partner at Faruqi & Faruqi, LLP
New York office
Tel:(212) 983-9330
Fax:(212) 983-9331
E-mail:klenahan@faruqilaw.com

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