Common use of Estimate of Average Amount of Recovery Per Share Clause in Contracts

Estimate of Average Amount of Recovery Per Share. 2. Based on Lead Plaintiffs’ damages expert’s estimate of the number of shares of Celadon publicly traded common stock eligible to participate in the Settlement, and assuming that all investors eligible to participate in the Settlement do so, Lead Plaintiffs estimate that the average recovery, before deduction of any Court-approved fees and expenses, such as attorneys’ fees, litigation expenses, Taxes, and Notice and Administration Expenses, would be approximately $0.11 per allegedly damaged share.3 If the Court approves the maximum amount of attorneys’ fees and litigation expenses that may be requested by Lead Counsel (discussed below), the average recovery would be approximately $0.07 per allegedly damaged share. Please note, however, that these average recovery amounts are only estimates and Settlement Class Members may recover more or less than these estimated amounts. An individual Settlement Class Member’s actual recovery will depend on, for example: (i) the total number of claims submitted; (ii) the amount of the Net Settlement Fund; (iii) when they purchased or acquired Celadon common stock during the Class Period; and (iv) whether and when they sold Celadon common stock. See the Plan of Allocation beginning on page [ ] for information on the calculation of your Recognized Claim.

Appears in 3 contracts

Samples: Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement

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Estimate of Average Amount of Recovery Per Share. 2. Based on Lead Plaintiffs’ damages expert’s estimate of the number of shares of Celadon PTC publicly traded common stock eligible to participate in the Settlement, and assuming that all investors eligible to participate in the Settlement do so, Lead Plaintiffs estimate that the average recovery, before deduction of any Court-approved fees and expenses, such as attorneys’ fees, litigation expenses, Taxes, and Notice and Administration Expenses, would be approximately $0.11 0.65 per allegedly damaged share.3 If the Court approves the maximum amount of attorneys’ fees and litigation expenses that may be requested by Co-Lead Counsel (discussed below), the average recovery would be approximately $0.07 0.45 per allegedly damaged share. Please note, however, that these average recovery amounts are only estimates and Settlement Class Members may recover more or less than these estimated amounts. An individual Settlement Class Member’s actual recovery will depend on, for example: (i) the total number of claims submitted; (ii) the amount of the Net Settlement Fund; (iii) when they purchased or acquired Celadon PTC common stock during the Class Period; and (iv) whether and when they sold Celadon PTC common stock. See 3 An allegedly damaged share might have been traded, and potentially damaged, more than once during the Plan of Allocation beginning on page [ ] Class Period, and the average recovery indicated above represents the estimated average recovery for information on the calculation of your Recognized Claimeach share that allegedly incurred damages.

Appears in 2 contracts

Samples: Stipulation and Agreement, Stipulation and Agreement

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Estimate of Average Amount of Recovery Per Share. 2. Based on Lead Plaintiffs’ damages expert’s estimate of the number of shares of Celadon Xxxxxxx publicly traded common stock eligible to participate in the Settlement, and assuming that all investors eligible to participate in the Settlement do so, Lead Plaintiffs estimate that the average recovery, before deduction of any Court-approved fees and expenses, such as attorneys’ fees, litigation expenses, Taxes, and Notice and Administration Expenses, would be approximately $0.11 per allegedly damaged share.3 If the Court approves the maximum amount of attorneys’ fees and litigation expenses that may be requested by Lead Counsel (discussed below), the average recovery would be approximately $0.07 per allegedly damaged share. Please note, however, that these average recovery amounts are only estimates and Settlement Class Members may recover more or less than these estimated amounts. An individual Settlement Class Member’s actual recovery will depend on, for example: (i) the total number of claims submitted; (ii) the amount of the Net Settlement Fund; (iii) when they purchased or acquired Celadon common stock during the Class Period; and (iv) whether and when they sold Celadon common stock. See the Plan of Allocation beginning on page [ ] for information on the calculation of your Recognized Claim.

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

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