Parallel Proceedings. Pending final determination of whether the Settlement Agreement should be approved, the Named Plaintiffs, every Class Member, and the Plan are prohibited and enjoined from directly, through representatives, or in any other capacity, commencing any action or proceeding in any court or tribunal asserting any of the Released Claims against the Released Parties, including Defendants.
Parallel Proceedings. Pending final determination of whether the Settlement 27 Agreement should be approved, no Class Member may directly, through representatives, or in any 28 other capacity commence any action or proceeding in any court or tribunal asserting any of the 1 Released Claims against any of the Defendants, the Released Parties, or the Plan.
Parallel Proceedings. Pending final determination of whether the Settlement Agreement should be approved, every Class Member is prohibited and enjoined from directly, through representatives, or in any other capacity, commencing any action or proceeding in any court or tribunal asserting any of the Released Claims against the Defendants, the Released Parties, or the Plan. IT IS SO ORDERED. Dated: Xxx. Xxxxxxx X. Griesbach United States District Judge EXHIBIT 0 Xxxxxx Xxxxxx Xxxxxxxx Xxxxx for the EASTERN District of WISCONSIN If you are or were a participant in the Costco 401(k) Retirement Plan at any time from May 30, 2014 to the present, you may be a part of a class action settlement. IMPORTANT PLEASE READ THIS NOTICE CAREFULLY THIS NOTICE RELATES TO THE PENDENCY OF A CLASS ACTION LAWSUIT AND, IF YOU ARE A CLASS MEMBER, CONTAINS IMPORTANT INFORMATION ABOUT YOUR RIGHTS TO OBJECT TO THE SETTLEMENT A Federal Court authorized this notice. You are not being sued. This is not a solicitation from a lawyer. • A Settlement has been reached in a class action lawsuit against Costco Wholesale Corporation, the Costco Wholesale Corporation Board of Directors, and the Costco Benefits Committee (collectively, “Defendants” or “Costco”). The class action lawsuit asserts claims under the Employee Retirement Income Security Act of 1974 ("ERISA") concerning the management, operation and administration of the Costco 401(k) Retirement Plan (the “Plan”). Costco denies all claims made in the lawsuit, and the Court has not determined whether the claims are valid. • You are included as a Class Member if you were a participant, beneficiary, or an alternate payee of the Plan who (1) had a Plan account as of [DATE], or (2) did not have a Plan account as of [DATE], and had a Plan account on or after the last business day of a month on and after May 30, 2014, provided that the Plan account attained a balance in excess of $1,000 for at least 12 months beginning on and after May 30, 2014 (such balance and months to be calculated as of the last business day of a month). • The proposed Settlement provides the following: o Current Participants: Costco has agreed to provide, at no cost to participants, an administrative fee reduction for Current Participants with a value of $3,200,000. Costco will ensure that the Plan Administrative Service Per Capita Recordkeeping Fee deducted from Plan accounts does not exceed $3.25 per Plan account per quarter for as many quarters as it takes for the reduction to equal $3,200,...
