The following statement is being issued by Robbins Geller Rudman & Dowd LLP pursuant to an order of the United States District Court for the Northern District of Ohio Eastern Division:
LOUISIANA MUNICIPAL POLICE | ) | No. 1:10-cv-01461-BYP | ||||
EMPLOYEES RETIREMENT SYSTEM, | ) | |||||
Individually and on Behalf of All Others | ) | CLASS ACTION | ||||
Similarly Situated, | ) | |||||
Plaintiff, | ) | Judge Benita Y. Pearson | ||||
vs. | ) | |||||
KPMG, LLP, et al., | ) | |||||
Defendants. | ) | |||||
) | ||||||
TO: | ALL PERSONS WHO PURCHASED DIEBOLD, INC. (“DIEBOLD”) COMMON STOCK AND/OR PUT AND CALL OPTIONS BETWEEN JUNE 30, 2005 AND JANUARY 14, 2008, INCLUSIVE | ||
YOU ARE HEREBY NOTIFIED that pursuant to an Order of the United States District Court for the Northern District of Ohio, Eastern Division, a hearing will be held on March 19, 2014, at 10:30 a.m., before the Honorable Benita Y. Pearson, at the United States District Court for the Northern District of Ohio, Eastern Division, 313 Thomas D. Lambros United States Federal Building and Courthouse, 125 Market Street, Youngstown, Ohio 44503, for the purpose of determining: (1) whether the proposed settlement of the Litigation for the sum of $31,600,000 in cash should be approved by the Court as fair, reasonable, and adequate; (2) whether, thereafter, this Litigation should be dismissed with prejudice against the Defendants as set forth in the Stipulation of Settlement dated as of November 8, 2013; (3) whether the Plan of Allocation of settlement proceeds is fair, reasonable, and adequate and therefore should be approved; and (4) the reasonableness of the application of Lead Counsel for the payment of attorneys’ fees and expenses incurred in connection with this Litigation, together with interest thereon.
If you purchased Diebold common stock, and/or put and call options, between June 30, 2005 and January 14, 2008, inclusive, your rights may be affected by this Litigation and the settlement thereof. If you have not received a detailed Notice of Proposed Settlement of Class Action and a copy of the Proof of Claim and Release form, you may obtain copies by writing to Diebold Securities Litigation, Claims Administrator, c/o Gilardi & Co. LLC, P.O. Box 5100, Larkspur, CA 94977-5100, or by downloading this information at www.gilardi.com/dieboldinc. If you are a Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release form postmarked no later than April 21, 2014, establishing that you are entitled to a recovery. You will be bound by any judgment rendered in the Litigation unless you request to be excluded, in writing, to the Claims Administrator at the above address, postmarked by March 5, 2014.
Any objection to any aspect of the settlement must be filed with the Clerk of the Court no later than March 5, 2014, and received by the following no later than March 5, 2014:
ROBBINS GELLER RUDMAN & DOWD LLP
DEBRA J. WYMAN
JEFFREY D.
LIGHT
655 West Broadway, Suite 1900
San Diego, CA 92101
Lead Counsel for Class Representatives
BAKER & HOSTETLER LLP
JOHN J. CARNEY
FRANCESCA M. HARKER
45
Rockefeller Plaza
New York, NY 10111
Attorneys for Defendant Kevin J. Krakora
JONES DAY
JOHN M. NEWMAN, JR.
GEOFFREY J. RITTS
ADRIENNE
FERRARO MUELLER
KRISTIN S.M. MORRISON
North Point
901
Lakeside Avenue
Cleveland, OH 44114
Attorneys for Defendant Diebold, Inc.
MCDERMOTT WILL & EMERY LLP
STEVEN S. SCHOLES
WILLIAM P.
SCHUMAN
JEFFREY A. ROSSMAN
JEFFREY BALTRUZAK
227 W.
Monroe Street
Chicago, IL 60606-5096
Attorneys for Defendant Gregory T. Geswein
VORYS, SATER, SEYMOUR AND PEASE LLP
DAVID J. TOCCO
RAJEEV K.
ADLAKHA
2100 One Cleveland Center
1375 East Ninth Street
Cleveland,
OH 44114-1742
Attorneys for KPMG LLP
PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THIS NOTICE.
DATED: November 20, 2013 |
BY ORDER OF THE COURT UNITED | |||||
SOURCE: ROBBINS GELLER RUDMAN & DOWD LLP
Contacts:
DEBRA J. WYMAN, 619-231-1058