Mci.com offers local and long distance wireless voice service
MCI, formerly known as WorldCom, has paid a penalty consisting of $500 million of cash and 10 million shares of new common stock of MCI, Inc. in connection with the settlement of charges brought against WorldCom by the U.S. Securities and Exchange Commission.
These funds and shares have been deposited into the WorldCom Victim Trust and will be distributed to eligible investors who suffered losses, pursuant to the terms of a Distribution Plan approved on July 19, 2004 by Judge Jed S. Rakoff of the United States District Court for the Southern District of New York.
The Trust was created in accordance with the Fair Funds for Investors provision of the Sarbanes-Oxley Act of 2002. Richard C. Breeden is Distribution Agent for the Trust.
- 500 Clinton Center Drive
- Clinton MS 39056 US
- MCI Worldcom
- +1 972 729 5738