The distribution checks for the Fred Alger Fair Fund Settlement have an issue date of September 28, 2017 and due to a delay the checks, will mail on October 19, 2017. The 90 day void date will not be enforced; you will be able to cash/negotiate your check until January 18, 2018.
On January 18, 2007, the Securities and Exchange Commission (the "SEC") issued an order of the Fred Alger Fair Fund Settlement administrative proceeding against Fred Alger Management, Inc., and Fred Alger & Company Incorporated (collectively, "Alger" or the "Respondents"). An independent distribution consultant ("IDC") has developed a Plan of Distribution ("Distribution Plan") for distributing the Fred Alger Distribution Fund ("Fair Fund") to eligible investors who may have been affected by the market timing activity during the period from September 2001 through October 2003 ("Relevant Period") in certain Alger Fund portfolios/sub-accounts. The SEC approved the proposed Plan of Distribution on July 23, 2015; the approved Plan of Distribution is available
here.
Am 18. Januar 2007 wurde der Verwaltungsvorgang “Fred Alger Fair Fund Settlement” von der Securities and Exchange Commission ("SEC") gegen Fred Alger Management, Inc., und Fred Alger & Company Incorporated (zusammen "Alger" oder die "Beklagten“) angeordnet. Ein unabhängiger Berater für die Verteilung (independent distribution consultant „IDC“) hat einen Verteilungsplan (Plan of Distribution) erstellt, um den Fred Alger Distribution Fund („Fair Fund“) an die qualifizierten Anleger, die von der Market-Timing-Aktivität in verschiedenen Alger Fonds/Teilfonds zwischen September 2001 und Oktober 2003 („Relevanter Zeitraum“) betroffen sein könnten, zu verteilen. Die SEC billigte den Verteilungsplan am 23. Juli 2015; er ist hier aufrufbar (in Englisch).