Tuesday, October 17, 2006

Notice of Proposed Settlement of Class Action Suit

One has until mid-night, October 17, 2006, tonight to opt out of the proposed settlement for the linked Sirius Class Action suit. This suit stems from stock purchases between February 16, 2000 and April 2, 2001. It was over whether Sirius management misled investors about when they would begin operation. The average recovery is expected to be $0.31 per share before legal fees and expenses.

This is a Federal Court authorized notice.

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