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PROOF OF CLAIM AND RELEASE

PROOF OF CLAIM AND RELEASE 2025

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The document is a Proof of Claim and Release form related to the class action lawsuit 'In re UTStarcom, Inc. Securities Litigation.' It provides instructions for class members to submit claims for recovery from a settlement fund, detailing the necessary information required for claim submission, including transaction details of UTStarcom securities. The form emphasizes the importance of timely submission and accurate reporting of transactions during the specified class period, along with legal acknowledgments regarding the release of claims against certain defendants.

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What is the purpose of a proof of claim?

A written statement filed in a bankruptcy case setting forth a creditors claim is called a proof of claim. A proof of claim should include a copy of any documentation giving rise to the claim as well as any evidence in support of the claim, such as evidence of secured status if the claim is secured.

What is a release of claims document?

Also known as a liability waiver form, the release of all claims form is signed when the defendant and plaintiff docHub a settlement in a lawsuit. It does three things, including: Resolving the issue between the two parties. Dismissing the plaintiffs claims. Releasing the defendant from liability.

Do I need a lawyer to file a proof of claim?

You should hire an attorney if you arent comfortable preparing and filing your proof of claim form, if an objection is filed, or if the case involves Chapter 11.

What is an example of proof of claim?

Attach redacted copies of any documents that support the claim, such as promissory notes, purchase orders, invoices, itemized statements of running accounts, contracts, judgments, mortgages, and security agreements.

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