SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the month of July
VAN DER MOOLEN HOLDING N.V.
(Translation of Registrant 's name into English)
Keizersgracht 307
1016 ED Amsterdam
The Netherlands
(+31) 20 535 6789
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F
Form 20-F _____X_____ Form 40-F ___________
(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-s(b)
under the Securities Exchange Act of 1934.)
Yes _____________ No____X_______
(if "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .)
Schedule of Information Contained in this Report:
1. The English language press release of Van der Moolen Holding N.V.
dated July 24, 2006 announcing the Settlement of Stock Drop Class
Action with plaintiffs.
Van der Moolen Holding and Van der Moolen Specialists Reach
Settlement of Stock Drop Class Action with Plaintiffs
AMSTERDAM, Netherlands--(BUSINESS WIRE)--July 24, 2006--Van der
Moolen Holding N.V. (NYSE:VDM) (Amsterdam:VDMN) announced today that
VDM and Van der Moolen Specialists USA, LLC ("VDMS"), a 75% owned
subsidiary of VDM, have agreed to settle for $8 million a securities
class action lawsuit in the United States brought under US securities
laws by plaintiffs who were holders of VDM Holding's American
Depositary Receipts ("ADRs") traded on the New York Stock Exchange
("NYSE").
The complaint in this case was filed on September 14, 2004 on
behalf of a putative class of persons who held ADRs between October
18, 2001 and October 15, 2003. The complaint alleged that during that
time period, the price of ADRs was artificially inflated because VDM
failed to disclose certain alleged illegal trading activity that was
the subject of a regulatory settlement between VDMS and the NYSE and
the U.S. Securities and Exchange Commission in March 2004.
Neither VDM nor VDMS admits wrongdoing as part of this class
action settlement.
Under VDM's insurance policies, VDM's insurers will pay 60 percent
of the settlement. The settlement will be recognized in our second
quarter financial statements.
The settlement is preliminary and is subject to, among other
things, approval by the federal district judge in New York presiding
over the case.
For more information about Van der Moolen, please visit
www.vandermoolen.com or contact Investor Relations/Corporate
Communications, telephone +31 (0)20 535 6789.
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. 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.
CONTACT: Van der Moolen
Investor Relations/Corporate Communications
+31 (0)20 535 6789
www.vandermoolen.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
VAN DER MOOLEN HOLDING N.V.
Date: July 24, 2006 By:/s/ Richard E. den Drijver
---------------------------
name: Richard E. den Drijver
title: Chairman of the Executive Board
By:/s/ Leo J. Pruis
---------------------------
name: Leo J. Pruis
title: Chief Financial Officer Member
of the Executive Board
By:/s/ Casper F. Rondeltap
----------------------------
name : Casper F. Rondeltap
title: Member of the Executive Board
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