CAH Seurities Litigation
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CAH Seurities Litigation Our club received notice of possible settlement in a case involving Cardinal Health--you know, the big thick legalese envelope. Anyway, it appears our club may qualify to participate in the award, small as it may be. Some of our club members are urging me to complete the paperwork, which I don't mind doing but hesitate until I know the answer to my question. My question is: if we do receive any payment for this, how do I classify that in bivio? We sold all CAH in 2004 and no longer have any position in it. Thanks for your help. Gail Blair, Dowagers Investment Club <<
My question is: if we do receive any payment for this, how do I classify that in bivio? We sold all CAH in 2004 and no longer have any position in it. >> It will be classified as a lont-term capital gain
distribution.
Rip West Saint Paul, MN |
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