Why Did I Receive This Notice Package. You or someone in your family may have acquired Osiris Therapeutics, Inc. shares between May 12, 2014, and November 16, 2015, through purchase of such shares or a dividend reinvestment in Osiris. You received this Notice Package by order of the Court, because you have a right to know about a proposed settlement of a class action lawsuit, and about all of your options, before the Court decides whether to approve the settlement. If the Court approves it, and after any objections or appeals are resolved, the Settlement Administrator appointed by the Court will make the payments that the settlement allows. This package explains the lawsuit, the settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them. The Court in charge of the case is the United States District Court for the District of Maryland, and the case is known as Nallagonda v. Osiris Therapeutics, Inc., Case No. 15-cv- 03562-PX. The person who sued is called the Lead Plaintiff, and the company and the individuals they sued, Osiris Therapeutics, Inc., Lode Xxxxxxxxxxxx, Xxxxxxx Law, and Xxxxxx X. Xxxxxx, Xx. are called the Defendants.
Why Did I Receive This Notice Package. You or someone in your family may have purchased or otherwise acquired KaloBios Pharmaceuticals, Inc. (“KaloBios”) common stock between November 18, 2015, and December 16, 2015, inclusive, and incurred damages. This Notice was sent because you have a right to know about a proposed settlement of a class action lawsuit, and about all of your options, before the Court decides whether to approve the Partial Settlement. If the Court approves the Partial Settlement, after any objections or appeals are resolved, the Settlement Administrator appointed by the Court will make the payments to those persons who timely submit claims in the manner described below. This package explains the lawsuit, the Partial Settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them. The Court in charge of the case is the United States District Court for the Northern District of California, U.S. District Judge Xxxxxx X. Xxxxxx presiding, and the case is known as In re KaloBios Pharmaceuticals, Inc. Securities Litigation, Case No. 5:15-cv-05841. Xxxxx Xxxxxx, Xxxx Xxxxxx, Xxxxxxx X. Gudlavenkatasiva and Abuhena M. Saifulislam are called the Lead Plaintiffs, and they along with original Plaintiff Xxxxxx Xxxxxxx oversaw the litigation to this point. The Settling Defendants are KaloBios, its former Executive Chairman Xxxxxx Xxxxxxx, and its former Chief Financial Officer Xxxx Xxxxx. The Lead Plaintiffs, Plaintiff Xxxxxxx, and the Settling Defendants are referred to together as the “Settling Parties.” Defendant Xxxxxx Xxxxxxx, KaloBios’s former Chief Executive Officer, has not settled, so the Plaintiffs will continue to litigate the case against him. The claims against him are not encompassed within the Partial Settlement that is the subject of this notice.
Why Did I Receive This Notice Package. You or someone in your family may have purchased or acquired Terex common stock between February 20, 2008 and February 11, 2009, inclusive. The Court directed that you be sent this Notice because you have a right to know about a proposed settlement of a class action lawsuit, and about all of your options, before the Court decides whether to approve the Settlement. If the Court approves the Settlement and after any objections or appeals are resolved, the Claims Administrator appointed by the Court will make the payments that the Settlement allows. This package explains the lawsuit, the Settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them. The Court in charge of the case is the United States District Court for the District of Connecticut, and the case is known as Sheet Metal Workers Local 32 Pension Fund v. Terex Corporation, et al., No. 3:09-cv-02083-RNC. The institutions that sued, Sheet Metal Workers Local 32 Pension Fund and Ironworkers St. Louis District Council Pension Fund, are called the Lead Plaintiffs, and Sheet Metal Workers Local #218(S) Pension Fund is an additional plaintiff (together, “Plaintiffs”), Terex and the individuals they sued, Xxxxxx X. XxXxx, Xxxxxx Xxxxxx, Xxxxxx X. Xxxxxxx, Xxx Xxxx, and Xxxxxxxx X. Xxxxxx, are called the Defendants.
