The Securities and Exchange Commission released monetary distribution details for the sweeping $1.4 billion research settlement last week, indicating how mutual fund advisors can recoup losses in companies that Wall Street analysts unabashedly touted, including AT&T, Global Crossing and WorldCom.

Under the plan detailed last Monday, both retail and institutional investors who owned securities in companies recommended by conflicted Wall Street analysts hoping to secure plush investment banking deals with those firms, will get a shot at claiming a slice of the collective $432.75 million restitution pool. The remainder of the settlement will flow to individual states, pay for investor education programs and cover the cost of providing independent research sources at the sanctioned firms.

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