IF
YOU BOUGHT CONCORDE AMERICA, INC. SECURITIES
(CNDD.PK) BETWEEN JULY
23, 2004 AND AUGUST 11, 2004, AND/OR ABSOLUTE HEALTH,
INC. SECURITIES (AHFI.PK)
BETWEEN JUNE 8, 2004 AND DECEMBER 14, 2004 YOU
MAY BE ENTITLED TO RECEIVE A PAYMENT FROM FUNDS
RECOVERED.
On
September 24, 2007, the Court approved a Distribution
Plan to distribute disgorgement, prejudgment interest
and civil penalty amounts received from Concorde
America, Inc. (“Concorde”), Absolute Health, Inc.
(“Absolute Health”), Donald E. Oehmke and Bryan Kos to
proper claimants. If
you bought Concorde securities between July 23, 2004 and
August 11, 2004, and/or Absolute Health securities
between June 8, 2004 and December 14, 2004, you may be
eligible to receive benefits from the Concorde Absolute
Health Fund. If you qualify, you may send in a Proof of
Claim Form to obtain benefits.
How was the Concorde Absolute Health Fund
created?
The Concorde Absolute Health Fund was
created as a result of the Securities and Exchange
Commission’s successful enforcement action against
Concorde, Absolute Health, Donald E. Oehmke, Bryan Kos
and certain Relief Defendants. The
Commission’s action asserted that
the Defendants willfully used schemes to defraud
investors by promoting the two stocks by making untrue
statements of operations and profitability and engaging
in practices that artificially created demand for the
respective stocks that would knowingly be fraud upon
purchasers of the respective securities. The amounts
recovered including interest have been deposited into
the Concorde Absolute Health Fund and the Fund proceeds
will be distributed to Eligible Claimants pursuant to
the Distribution Plan.
Who is eligible for a recovery from the
Concorde Absolute Health Fund?
The Potentially Eligible Claimants include all persons
or entities that purchased shares of Concorde
(CNDD.PK)
Stock between July 23, 2004 and August 11, 2004
(Inclusive) and held Concorde shares at the end of the
Concorde Fraud Period on August 11, 2004 and/or
purchased shares of Absolute Health
(AHFI.PK)
Stock between June 8, 2004 and December 14, 2004
(Inclusive) and held Absolute Health shares at the end
of the Absolute Health Fraud Period on December 14, 2004.
You are not entitled to a recovery from the Fund with
respect to any Concorde or Absolute Health shares that
you acquired prior to the respective Fraud Periods. In
addition, to be eligible, you must have incurred an
aggregate net loss from your combined purchases or sales
of all Concorde and/or Absolute Health shares purchased
during the respective Fraud Periods.
How Do You Submit a Claim?
The Proof of Claim form package contains all of the
information you need. You will find copies of the Proof
of Claim form package and additional information about
the Concorde Absolute Health Fund on the website
www.ConcordeAbsoluteHealthFund.com.
You may also obtain information regarding the
claim process from the Concorde Absolute Health Fund’s
hotline at 877-523-6365 or you may submit
questions by mail to Concorde Absolute Health Fund
c/o Global Risk Solutions, Inc. P.O. Box 310130 Miami,
FL 33231-0130 or to the Distribution Agent,
Melanie Damian, Damian & Valori LLP, 1000 Brickell
Avenue, Suite 1020, Miami, FL 33131.
