Court authorized this Notice. This is not a solicitation from a lawyer. The purpose of this Notice is to inform you of the pendency of this securities class action (the “Action”), the proposed settlement of the Action (the “Settlement”),1 and a hearing to be held by the Court to consider: (i) whether the Settlement should be approved; (ii) whether the proposed plan for allocating the proceeds of the Settlement (the “Plan of Allocation”) should be approved; and (iii) Lead Counsel’s application for attorneys’ fees and expenses (see pages and below) should be approved. This Notice describes important rights you may have and what steps you must take if you wish to participate in the Settlement, wish to object, or wish to be excluded from the Settlement Class. If approved by the Court, the Settlement will create a $9,000,000.00 cash fund, which may earn interest, for the benefit of eligible Class Members, after the deduction of attorneys’ fees and expenses awarded by the Court, Notice and Administration Expenses, Tax Expenses, and Taxes (including Taxes that may be assessed by India).2 The Settlement resolves claims by Court-appointed Lead Plaintiff the Public Employees’ Retirement System of Mississippi (“Mississippi PERS”) that have been asserted on behalf of the Settlement Class (defined below) against Xx. Xxxxx’x Laboratories Ltd. (“Xx. Xxxxx’x” or the “Company”), Xx. Xxxxx’x Laboratories, Inc.; Xxxxxxx Xxxxxxxxx; 1 The terms of the Settlement are in the Stipulation and Agreement of Settlement, dated May 15, 2020 (the “Stipulation”), which can be viewed at www. . All capitalized terms not defined in this Notice have the same meanings as defined in the Stipulation. 2 Payment of the Settlement may be subject to certain Taxes in India. Although Lead Plaintiff and Xx. Xxxxx’x believe that no Taxes will be owed to India, in order to clarify this issue, certain of the Parties will apply to the Authority for Advance Rulings (the “AAR”) in India for a ruling on this tax issue. The Parties, at this time, do not know if any Taxes will ultimately be assessed, and if so, the amount. X.X. Xxxxxx; Xxxxxx Xxxxxxxxxxx; and Xxxxxx Xxxxx, (collectively, the “Defendants”). It avoids the costs and risks of continuing the litigation; pays money to eligible investors; and releases the Released Defendant Parties (defined below) from liability. SUBMIT A CLAIM FORM BY , 2020 The only way to get a payment. See Question below for details. EXCLUDE YOURSELF FROM THE SETTLEMENT CLASS BY , 2020 Get no payment. T...
Court authorized this Notice. This is not a solicitation from a lawyer.
Court authorized this Notice. THIS IS NOT A
Court authorized this Notice. This is not a solicitation from a lawyer. • This Notice describes important rights you may have and what steps you must take if you wish to participate in the Settlement of this securities class action, wish to object, or wish to be excluded from the Settlement Class.1 • If approved by the Court, the proposed Settlement will create a $4,625,000 cash fund, plus earned interest, if any, for the benefit of Settlement Class Members after the deduction of Court-approved fees, expenses, and Settlement Fund Taxes. This is an average recovery of approximately $0.04 per allegedly damaged share before deductions for awarded attorneys’ fees and litigation expenses, and $0.03 per allegedly damaged share after deductions for awarded attorneys’ fees and litigation expenses, as discussed more below. • The Settlement resolves claims by Court-appointed Lead Plaintiff Oregon Public Employees Retirement Fund (“Lead Plaintiff”) asserted on behalf of the Settlement Class (defined below) against Peabody Energy Corporation (“Peabody” or the “Company”), Xxxxx X. Xxxxxx, and Xxx X. Xxxxxxx (collectively, “Defendants,” and, together with Lead Plaintiff, the “Parties”). It avoids the costs and risks of continuing the litigation; pays money to eligible investors; and releases the Released Defendant Parties (defined below) from liability.
Court authorized this Notice. This is not a solicitation from a lawyer. The purpose of this Notice is to inform you of the pendency of this securities class action (the “Action”), the proposed settlement of the Action with Defendants (the “Settlement”),1 and a hearing to be held by the Court to consider: (i) whether the Settlement should be approved; (ii) whether the Settlement Class should be certified;
Court authorized this Notice. This is not a solicitation from a lawyer.
1. Why did I get this Notice? 1
2. What is this lawsuit about? 1
3. What is a class action lawsuit? 1
4. Why is there a settlement? 2
5. How do I get more information about the Settlement? 2
6. Who will administer the Settlement? 2
Court authorized this Notice. This is not a solicitation from a lawyer.
PPC770-1 Power Pressure Cooker XL PPC780 Power Pressure Cooker XL PPC780P Power Pressure Cooker XL PPC790 Power Pressure Cooker XL PCXL/PRO8 Power Pressure Cooker XL Pro PC-PRO8 Power Pressure Cooker XL Pro YBD60-100 Power Cooker Express PC-WAL1 Power Cooker PC-TRI6 Power Cooker PCXL/PRO6 Power Pressure Cooker XL Pro PCXL/PRO6 (Date Code 1442) Power Pressure Cooker XL PPC771 Power Pressure Cooker XL PPC772 Power Pressure Cooker XL PPC772P Power Cooker Plus PPC773 Power Pressure Cooker XL PC-WAL2 Power Cooker PC-WAL3 Power Cooker PC-WAL4 Power Cooker The Plaintiffs in the Litigation contend that the Pressure Cookers may have a lower value than the amount that Class Members paid because they are allegedly defective. The Plaintiffs describe the defects to include, but not be limited to, the following:
a) The Pressure Cooker may suddenly release steam while being opened.
b) The Pressure Cooker lid may be able to be removed while under pressure, contrary to the representation in the Owner’s Manual that the lid ‘should only come off if there [is] no pressure inside’, or phrased another way, the Owner’s Manual inaccurately states that the cover (lid) cannot be removed when the unit contains any amount of pressure.
c) The pressure relief valve may inaccurately indicate that built-up pressure has escaped the Pressure Cooker.
d) There is a faulty gasket that may allow the lid to open despite the presence of significant built-up pressure.
e) The Pressure Cooker does not properly seal.
f) The Pressure Cooker can develop pressure when the lid is only partially, or is improperly, closed, contrary to the representation in the Owner’s Manual that the lid safety device prevents pressure buildup if the lid is not closed properly. The Plaintiffs sought economic damages for Class Members consisting of the difference between the price each Class Member paid for their Pressure Cooker and the value that they would have paid had they known of the alleged defects. The Defendant strongly disagrees with Plaintiffs’ position and contends that there are no defects with respect to any of the Pressure Cooker models and that the price paid is consistent with the value of the Pressure Cookers. A trial in this matter commenced on July 10, 2017. The parties reached the Settlement during the first day of trial, to avoid the expense and the uncertainty associated with further pursuit and defense of the Litigation. The Settlement is subject to Court ap...
Court authorized this Notice. This is not a solicitation from a lawyer. • This Notice describes important rights you may have and what steps you must take if you wish to participate in the Settlement of this securities class action, wish to object, or wish to be excluded from the Class.1 • If approved by the Court, the Settlement will create a $32 million cash fund, plus earned interest, for the benefit of eligible Class Members, before the deduction of attorneys’ fees and expenses awarded by the Court, Notice and Administration Expenses, and Taxes. This is an average recovery of approximately $0.45 per allegedly damaged share, before these deductions. • The Settlement resolves claims by Court-appointed Class Representatives Oklahoma Firefighters Pension and Retirement System (“OFPRS”), Plymouth County Retirement Association (“PCRA”) and Electrical Workers Pension Fund, Local 103, I.B.E.W. (“Local 103”) (collectively, “Class Representatives”), on behalf of themselves and all other members of the Class (defined below) against Conduent Incorporated (“Conduent” or the “Company”), Xxxxx Xxxxxx, and Xxxxx Xxxx-Xxxxx (the “Individual Defendants”, and together with Conduent the “Defendants” and, together with both Conduent and the Class Representatives, the “Parties”). It avoids the costs and risks of continuing the litigation; pays money to eligible investors; and releases the Released Defendant Parties (defined below) from liability.
Court authorized this Notice. This is not a solicitation from a lawyer. • This Notice describes important rights you may have and what steps you must take if you wish to participate in the Settlement of this securities class action, wish to object, or wish to be excluded from the Settlement Class.1 • If approved by the Court, the proposed Settlement will create a $12 million cash fund, plus earned interest, if any, for the benefit of Settlement Class Members after the deduction of Court-approved fees, expenses, and Taxes. This is an average recovery of approximately $1.95 per allegedly damaged 1 The terms of the Settlement are in the Stipulation and Agreement of Settlement, dated as of , 2022 (the “Stipulation”), which can be viewed at www. .com. All capitalized terms not defined in this Notice have the same meanings as in the Stipulation. share before deductions for awarded attorneys’ fees and litigation expenses, and $1.34 per allegedly damaged share after deductions for awarded attorneys’ fees and Litigation Expenses, as discussed more below. • The Settlement resolves claims by Court-appointed Lead Plaintiffs Ontario Provincial Council of Carpenters’ Pension Trust Fund and Millwright Regional Council of Ontario Pension Trust Fund (“Lead Plaintiffs”) that have been asserted on behalf of the Settlement Class (defined below) against Defendants Credit Acceptance Corporation (“Credit Acceptance” or the “Company”), Xxxxx X. Xxxxxxx and Xxxxxxx X. Xxxxx (collectively, the “Individual Defendants” and, with Credit Acceptance, “Defendants” and, together with Lead Plaintiffs, the “Parties”). It avoids the costs and risks of continuing the litigation; pays money to eligible investors; and releases the Released Defendant Parties (defined below) from liability. SUBMIT A CLAIM FORM ON OR BEFORE , 2022 The only way to get a payment. See Question 8 for details. EXCLUDE YOURSELF FROM THE SETTLEMENT CLASS ON OR BEFORE , 2022 Get no payment. This is the only option that, assuming your claim is timely brought, might allow you to ever bring or be part of any other lawsuit against Defendants and/or the other Released Defendant Parties concerning the Released Claims. See Question 10 for details.
Court authorized this Notice. This is not a solicitation from a lawyer. • This Notice describes important rights you may have and what steps you must take if you wish to participate in the Settlement of this securities class action, wish to object, or wish to be excluded from the Settlement Class.1 • If approved by the Court, the proposed Settlement will create a $12 million cash fund, plus earned interest, if any, for the benefit of Settlement Class Members after the deduction of Court-approved fees, expenses, and Taxes. This is an average recovery of approximately $1.95 per allegedly damaged 1 The terms of the Settlement are in the Stipulation and Agreement of Settlement, dated as of , 2022 (the “Stipulation”), which can be viewed at www. .com. All capitalized terms not defined in this Notice have the same meanings as in the Stipulation. share before deductions for awarded attorneys’ fees and litigation expenses, and $1.34 per allegedly damaged share after deductions for awarded attorneys’ fees and Litigation Expenses, as discussed more below. • The Settlement resolves claims by Court-appointed Lead Plaintiffs Ontario Provincial Council of Carpenters’ Pension Trust Fund and Millwright Regional Council of Ontario Pension Trust Fund (“Lead Plaintiffs”) that have been asserted on behalf of the Settlement Class (defined below) against Defendants Credit Acceptance Corporation (“Credit Acceptance” or the “Company”), Xxxxx X. Xxxxxxx and Xxxxxxx X. Xxxxx (collectively, the “Individual Defendants” and, with Credit Acceptance, “Defendants” and, together with Lead Plaintiffs, the “Parties”). It avoids the costs and risks of continuing the litigation; pays money to eligible investors; and releases the Released Defendant Parties (defined below) from liability. SUBMIT A CLAIM FORM ON OR BEFORE , 2022 The only way to get a payment. See Question 8 for details. EXCLUDE YOURSELF FROM THE SETTLEMENT CLASS ON OR BEFORE , 2022 Get no payment. This is the only option that, assuming your claim is timely brought, might allow you to ever bring or be part of any other lawsuit against Defendants and/or the other Released Defendant Parties concerning the Released Claims. See Question 10 for details.
