BOSTON, Oct. 29, 2018 /PRNewswire/ —
UNITED STATES DISTRICT COURT WESTERN DISTRICT OF TEXAS
IRFAN RAHMAN and ANTHONY GIOVAGNOLI,individually and on account of all others analogously situated,
GLOBALSCAPE, INC., MATTHEW C. GOULET, andJAMES W. ALBRECHT, JR., THOMAS W. BROWN,DAVID C. MANN, FRANK M. MORGAN, and THOMAS E.HICKS,
Case No. 5:17-cv-00753
Any and all bodies or entities who purchased shares of GlobalSCAPE accepted banal on the New York Banal Exchange during the aeon from March 3, 2016 through August 7, 2017, both dates inclusive, including their corresponding successors, predecessors, heirs, trustees, executors, administrators, assigns, and transferee.
You are hereby notified that parties to the above-captioned circumscribed chic activity (the “Action”) awaiting in the United States District Court for the Western District of Texas (the “Court”) accept entered into a Stipulation of Agreement and Adjustment (the “Stipulation”) to dness the issues aloft in the above-captioned circumscribed chic activity (the “Class Action”). The proposed adjustment advised therein (the “Settlement”) includes a adjustment acquittal of $1,400,000 (the “Settlement Amount”).
You are hereby added notified, that the Chic Activity has been preliminarily certified as a chic action, and that pursuant to an Order of the Court anachronous October 2, 2018, a audition will be captivated on December 18, 2018 at 10:00 a.m. (the “Settlement Hearing”) afore Judge Xavier Rodriguez at the United States District Court for the Western District of Texas, 655 E. Cesar E. Chavez Blvd., San Antonio, TX 78206, to, amid added things, (1) actuate whether the Chic as authentic aloft should be certified pursuant to Federal Aphorism of Civil Procedure 23(b)(3); (2) actuate whether the proposed Adjustment should be accustomed as fair, reasonable, adequate, and in the best interests of the class; (3) actuate whether all of Irfan Rahman (“Lead Plaintiff”)’s claims should be accustomed as fair, reasonable, adequate, and in the best interests of the class; (4) actuate whether the proposed Order and Final Judgment acknowledging the Adjustment should be entered; (5) actuate whether, and in what amount, an accolade of attorneys’ fees and costs should be paid to Plaintiffs’ admonition (the “Fee Application”); (6) accede any objections to the proposed Adjustment or Fee Application; and (7) aphorism on such added affairs as the Court may account all-important and appropriate.
If you are a affiliate of the chic declared aloft and are not contrarily excluded, your rights will be afflicted and you may be advantaged to allotment in the Adjustment Bulk if you abide a Proof of Claim and Release Anatomy (“Proof of Claim”) no after than February 16, 2019, and if the advice and affidavit you accommodate in that Proof of Claim establishes that you are advantaged to a recovery. You may access copies of this apprehension by visiting www.GlobalSCAPESecuritiesLitigation.com or by contacting:
GlobalSCAPE Securities Litigation Adjustment Administration c/o A.B. Data, Ltd. P.O. Box 173023 Milwaukee, WI 53217 1-866-963-9979 [email protected]
Inquiries, added than requests for the Apprehension and Proof of Claim form, may be fabricated to Lead Admonition for Lead Plaintiff and the class:
Jeffrey C. Block Block & Leviton LLP155 Federal Street, Suite 400 Boston, MA 02110 (617) 398-5600 [email protected]
This Arbitrary Apprehension provides alone a arbitrary of affairs apropos the Activity and Settlement. The Apprehension anecdotic the Action, the proposed Settlement, and the rights of the Chic Members to arise in Court at the Adjustment Hearing, to appeal to be afar from the Class, and/or to article to the Settlement, the plan of allocation and/or the appeal by Lead Admonition for an accolade of attorney’s fees and expenses, is accessible through the website or acquaintance advice above.
As added absolutely declared in the Notice, to participate in the Adjustment Amount, you charge abide a accurate Proof of Claim by no after than February 16, 2019. As additionally added absolutely declared in the Notice, the borderline for appointment any objections to the Adjustment or the Fee Application, and requests for exclusion from the proposed Adjustment is November 27, 2018.
Please do not acquaintance the Court directly.
By Order of The Court
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SOURCE Block & Leviton LLP
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