SUMMARY OF THIS NOTICE. Statement of Settlement Class Recovery Pursuant to the Settlement described herein, the Settlement Amount is $10 million. A Settlement Class Member’s actual recovery will be a proportion of the Net Settlement Fund determined by that Xxxxxxxx’s claim as compared to the total claims of all Settlement Class Members who submit acceptable Proofs of Claim. An individual Settlement Class Member may receive more or less than the estimated average amount provided below depending on the number of claims submitted. See Plan of Allocation as set forth at page 10 below for more information on your claim.
SUMMARY OF THIS NOTICE. Securities The Settlement relates to Rubicon common stock. In order to be considered part of the Class, you must have purchased Rubicon common stock pursuant to the Company’s March 2014 Offering, and not be otherwise excluded.
SUMMARY OF THIS NOTICE. Statement of
SUMMARY OF THIS NOTICE. Statement of Plaintiffs’ Recovery This proposed Settlement will create a Settlement Fund of $2.625 million in cash, including any accrued interest. Based on Lead Plaintiff’s consulting expert’s estimate of the number of shares of common stock that may have been damaged by the alleged fraud, and assuming that all those shares participate in the Settlement, Lead Plaintiff’s consulting expert estimates that the average recovery in the Settlement would be approximately $0.08 per damaged share (before deduction of Court-approved expenses, such as attorneys’ fees and expenses and administrative costs), and approximately $0.06 per damaged share after the deduction of the attorneys’ fees and expenses discussed below. (An allegedly damaged share might have been traded more than once during the Class Period, and this average recovery would be the total for all purchasers of that share.) The amount an eligible Settlement Class Member will actually recover will depend on numerous factors. These factors are fully explained in the Plan of Allocation beginning on page [ ]. Please refer to the Plan of Allocation for more information on your potential “Recognized Claim” (defined below).
SUMMARY OF THIS NOTICE. Statement of Class Recovery Pursuant to the Settlement described herein, a $12.5 million settlement has been established. Based on Lead Plaintiffs’ estimate of the number of shares of Camping World publicly traded Class A common stock eligible to recover under the Settlement, the average recovery per eligible share under the Plan of Allocation is approximately $0.19 per eligible share before deduction of any taxes on the income earned on the Settlement Amount thereof, Notice and Administration Costs, and the attorneys’ fees and expenses as determined by the Court. Class Members should note, however, that this is only an estimate. A Class Member’s actual recovery will be a proportion of the Net Settlement Fund determined by that claimant’s claims as compared to the total claims of all Class Members who submit acceptable Proofs of Claim. An individual Class Member may receive more or less than this estimated average amount. See Plan of Allocation set forth and discussed at pages below for more information on the calculation of your claim. Statement of Potential Outcome of Case The Settling Parties disagree on both liability and damages and do not agree on the amount of damages that would be recoverable if the Class prevailed on each claim alleged. Defendants deny that they are liable to the Class and deny that the Class has suffered any damages. The issues on which the parties disagree are many, but include: (1) whether the statements made or facts allegedly omitted were false, material, or otherwise actionable under the federal securities laws; (2) whether Defendants have valid defenses to any such claims of liability; (3) the appropriate economic model for determining the amount by which the price of Camping World publicly traded Class A common stock was allegedly artificially inflated (if at all) during the Class Period; (4) the amount, if any, by which the price of Camping World publicly traded Class A common stock was allegedly artificially inflated (if at all) during the Class Period; (5) the effect of various market forces on the price of Camping World publicly traded Class A common stock at various times during the Class Period; (6) the extent to which external factors influenced the price of Camping World publicly traded Class A common stock at various times during the Class Period; (7) the extent to which the various matters that Plaintiffs alleged were materially false or misleading influenced (if at all) the price of Camping World publicly traded...
