Van der Moolen Announces Litigation Sea Carrier Case
Van Der Moolen zu myNews hinzufügen Was ist das?
Together with NYSE Euronext, other New York Stock Exchange specialists
and several large brokerage firms Van der Moolen Specialists USA was
served with a summons by Sea Carrier LP I and others to appear before
the US District Court for the Southern District of New York. This action
was already mentioned on page 80 of Van der Moolen's form 20-F 2006.
Van der Moolen trades on the leading US and European equity, option and
fixed income exchanges. The group trades in open outcry and electronic
markets in several time zones. On the NYSE, Van der Moolen currently has
a market share of nearly 11% of transaction volume for which it acts as
specialist. Van der Moolen's traders worldwide execute an average of
100,000 trades a day. Turnover and price volatility are the most
important factors influencing its results. Van der Moolen's shares are
listed on Euronext Amsterdam (VDMN.AS). American Depositary Receipts
(ADRs) representing Van der Moolen shares are listed on the NYSE (VDM).
Disclaimer:
This press release contains forward-looking statements within the
meaning of, and which have been made pursuant to, the Private Securities
Litigation Reform Act of 1995. All statements regarding our future
financial condition, results of operations and business strategy, plans
and objectives are forward-looking. Statements containing the words "anticipate,” "believe,” "intend,” "estimate,” "expect,” "hope,” and words
of similar meaning are forward-looking. In particular, the following are
forward-looking in nature: statements with regard to strategy and
management objectives; pending or potential acquisitions; pending or
potential litigation and government investigations, including litigation
and investigations concerning specialist trading in the U.S.; future
revenue sources; the effects of changes or prospective changes in the
regulation or structure of the securities exchanges on which our
subsidiaries operate; and trends in results, performance, achievements
or conditions in the markets in which we operate. These forward-looking
statements involve risks, uncertainties and other factors, some of which
are beyond our control, which may cause our results, performance,
achievements or conditions in the markets in which we operate to differ,
possibly materially, from those expressed or implied in these
forward-looking statements. We describe certain important factors to
consider in connection with these forward-looking statements under "Key
Information – Risk Factors”
and elsewhere in our annual filing with the U.S. Securities and Exchange
Commission on Form 20-F 2005. We caution you not to place undue reliance
on these forward-looking statements, which reflect our management’s
view only as of the date of this Report. We have no obligation to update
these forward-looking statements.
