Distribution Update (12/8/2008)
Effective November 28, 2008, all check processing has been completed and the Fund
Administrator is unable to issue further check payments.
If you are in possession of a check, and plan to negotiate it, please present it
to your bank before December 29, 2008. Checks presented after this date will not be
honored by the RS Investments Fair Fund.
For general settlement questions please review the FAQ page on this website or
call and leave a message for the Fund Administrator at 1-866-700-0119.
Settlement Update (5/1/2008)
Please be advised that the dilution and advisory fee component percentages stated
in the message attached to your check may be incorrect. The correct dilution component
percentage is 31.7% and the advisory fee component percentage is 68.3%. Please refer
to the Tax Information tab to view the RSI Statement to Eligible Investors
which reflects the appropriate percentages.
Welcome to the RS Investments Settlement Website
This informational Website has been created to assist accountholders in their understanding of the settlement between the Securities and Exchange Commission (the "Commission"), and (1) RS Investment Management, Inc., (2) RS Investment Management, L.P. (collectively "RS"), (3) G. Randall Hecht and (4) Steven M. Cohen (collectively "Respondents") with respect to the Administrative Proceeding File No. 3-11696, dated October 6, 2004 (the "Order).
Pages have been created for each of the following categories:
This page provides a brief history of the events leading up to the settlement payment to shareholders as well as an overview of the settlement agreement.
Links and Related Documents
This page contains links to various documents issued by the Securities and Exchange Commission and other sources that can assist shareholders in their understanding of the settlement.
F.A.Q. (Frequently Asked Questions)
This page provides a series of responses to the most Frequently Asked Questions regarding the settlement, including links to additional information.
This page contains the link to the "Statement to Eligible Investors" (SEI), which may assist shareholders and their tax advisors in determining tax responsibilities related to the settlement.
This page provides a description of NRAs (Non-IRA Retirement Accounts) as well as a series of responses to the most frequently asked questions regarding NRAs.
This page provides contact information for the Administrator of the Distribution Plan, the Independent Distribution Consultant and RS Investments.