In the future, you will receive a pro-rata distribution from the Trust of any recoveries received from these efforts. You should consult your own tax advisor regarding the tax consequences and reporting obligations relating to your investment based upon your individual circumstances. You and your tax professional may find the attached documents useful in determining the appropriate tax treatment for your situation: Milo H.The Trust has filed suit against numerous broker-dealers seeking to recover both the commissions paid them and additional damages caused by the broker-dealers. Segner, Jr., Liquidating Trustee of the PR Liquidating Trust, has undertaken significant litigation efforts to maximize the recovery for all investors in the Provident Royalties family of companies.Lone Star Liquidating Trust is located at the address 3811 Turtle Creek Blvd in Dallas, Texas 75219.Lone Star Liquidating Trust has an annual sales volume of 0 - 500K. For more information contact Susan Brown, Owner For maps and directions to Lone Star Liquidating Trust view the map to the right.The Trustee has achieved substantial success since the establishment of the Trust.The Trustee has collected approximately 7 million in gross settlements.
The Trustee will appeal that verdict to the United States Court of Appeals for the Fifth Circuit.Several settlements have been reported by the press or media outlets; however, some of these reports were inaccurate.Administrative costs and the economies of scale for distribution to all investors must be taken into account by the Trustee before actual distribution to keep costs at the lowest possible price point to maximize pro rata distributions to the individual investors.The Trust has made three distributions to investors.The first was made in November, 2012, a 5% distribution to all allowed claims of the Trust.
At this time, the Trustee does not have sufficient information to be able to provide an accurate estimate of the exact amount of monies to be distributed and what each investors' pro rata share will be.