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Vonage Your responses all make sense. I think they are valid counterpoints. Ill



Your responses all make sense. I think they are valid counterpoints.

Ill jkust point out one flaw (about the allocation). Here is the section from the terms and conditions that discuss re-allocation. Or does that not matter because it doesnt fit your point.

"Failure to make timely payment for all shares that Vonage agrees to sell to you may result in your loss of shares and an obligation to Vonage for any unsold portion of those shares." That is directly from the terms and conditions. So does the absense of a "pentalty" suggest that this is an exclusive remedy for Vonage? Maybe... Get it? They cant rewrite the rules now.

And here is the relevant arbitration clause:

This agreement contains a pre-dispute clause. By signing an arbitration agreement (i.e., by submitting a conditional offer through Smith Barney in the Vonage Customer Directed Share Program) the parties (i.e., the client and Smith Barney) agree as follows:

* All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed.
* Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited.
* The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings.
* The arbitrators do not have to explain the reason(s) for their award.
* The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
* The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court.

Client may elect which of these arbitration forums shall hear the matter by sending a registered letter or telegram addressed to Smith Barney at 77 Water Street, New York, N.Y. 10005, Attn: Law Department. If client fails to make such election before the expiration of five (5) days after receipt of a written request from SB to make such election, SB shall have the right to choose the forum.

No person shall bring a putative or certified class action to arbitration, nor seek to enforce any pre-dispute arbitration agreement against any person who has initiated in court a putative class action; or who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until: (i) the class certification is denied; (ii) the class s decertified; or (iii) the person is excluded from the class by the court.



Read The Full Thread:

Class Action Suit Filed


It has begun... :twisted: Press Release Source: Motley Rice LLC Investor
Probably the first of many. They are still fishing for a lead plaintiff.
It was just a matter of time. I am just glad there will be some representation to
The idiot ambulance chaser is probably a Vonage customer that bought into the
This isn't a Ron Popeil Turkey Jerky Machine. Hey, that thing makes some damn
LOL - you have to be the least informed person on this board.
rudedog40 you said well, as have many others. I subscribed to the IPO, made
so just out of curiousity, why are you posting on this board. Do you often post on
I'm posting now because I am following these threads. I've been a Vonage subscriber
[quote="jlridge"] It depends, did the mortgage company conspire with the

audiotron posted "Your responses all make sense. I think they are valid counterpoints. Ill" on 06/09/2006

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†AK and HI residents pay $29.95 shipping. ††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.

1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.

2Shipping and activation fees waived with 1-year agreement. An Early Termination Fee (with periodic pro-rated reductions) applies if service is terminated before the end of the first 12 months. Additional restrictions may apply. See Terms of Service for details.

HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See www.vonage.com/911 for details.

** Certain call types excluded.

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