Claims Period Opens in Aspen Group Investor’s Class Action
Foreman & Company is pleased to announce that a securities class action regarding Aspen Group Resources' ("Aspen") take-over of Endeavour Resources Inc. ("Endeavour") has concluded with settlements totalling a gross amount of $3,285,000 and that the settlement recoveries, less Court-approved legal fees and disbursements, are now to be distributed to investors.
In this action, Foreman & Company acted for Endeavour investors who were alleged to have been harmed when they tendered shares pursuant to a misleading take-over bid circular from Aspen.
All former Endeavour security holders who tendered securities pursuant to Aspen's take-over bid dated November 23, 2001, can now make a claim for payment. Please visit www.aspenclassaction.ca to learn more and to make a claim for your share of the settlement amounts. Claims must be submitted by July 31st, 2020.