Robbins Geller Rudman & Dowd LLP And Labaton Sucharow LLP Announce Summary Notice In The Case Entitled Richard Medoff v. CVS Caremark Corporation, et al., No. 1:09-cv-00554-JNL-PAS (D.R.I)

Dec 04, 2015, 13:57 ET from Robbins Geller Rudman & Dowd LLP and Labaton Sucharow LLP

NEW YORK, Dec. 4, 2015 /PRNewswire/ -- TO: ALL PERSONS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMMON STOCK OF CVS CAREMARK CORPORATION ("CVS CAREMARK") (N/K/A CVS HEALTH CORPORATION) DURING THE PERIOD OCTOBER 30, 2008 THROUGH NOVEMBER 4, 2009, INCLUSIVE, AND WERE DAMAGED THEREBY

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the District of Rhode Island, that a hearing will be held on January 19, 2016, at 10:00 a.m., before the Honorable Joseph N. Laplante, United States District Judge, at the United States District Court for the District of New Hampshire, 55 Pleasant Street, Courtroom 2, Concord, New Hampshire 03301-3941, for the purpose of determining: (1) whether the proposed Settlement of the claims in the Litigation for the principal amount of $48,000,000.00, plus interest, should be approved by the Court as fair, reasonable, and adequate; (2) whether a Final Judgment and Order of Dismissal with Prejudice should be entered by the Court dismissing the Litigation with prejudice; (3) whether the Plan of Allocation of Settlement proceeds is fair, reasonable, and adequate and should be approved; and (4) whether the application of Lead Counsel for the payment of attorneys' fees and expenses and Co-Lead Plaintiffs' expenses in connection with this Litigation should be approved.

IF YOU PURCHASED, OR OTHERWISE ACQUIRED, THE COMMON STOCK OF CVS CAREMARK DURING THE PERIOD OCTOBER 30, 2008 THROUGH NOVEMBER 4, 2009, INCLUSIVE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.  If you have not received a detailed Notice of Proposed Settlement of Class Action ("Notice") and a copy of the Proof of Claim and Release form, you may obtain copies by writing to CVS Caremark Litigation, Claims Administrator, c/o A.B. Data, Ltd., P.O. Box 170200, Milwaukee, WI 53217 or on the internet at www.CVSSecuritiesSettlement.com.  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 by mail or online no later than March 23, 2016, establishing that you are entitled to recovery.  You will be bound by any judgment rendered in the Litigation unless you request to be excluded, in writing, to the above address, postmarked on or before January 6, 2016.

Any objection to the Settlement, the Plan of Allocation of Settlement proceeds, or the fee and expense application must be received, not simply postmarked, by each of the following recipients no later than January 6, 2016:

CLERK OF THE COURT
UNITED STATES DISTRICT COURT
DISTRICT OF RHODE ISLAND
Federal Building and Courthouse
One Exchange Terrace
Providence, RI  02903

Lead Counsel:

ROBBINS GELLER RUDMAN
& DOWD LLP
ROBERT M. ROTHMAN
58 South Service Road, Suite 200
Melville, NY  11747

LABATON SUCHAROW LLP
JONATHAN GARDNER
140 Broadway, 34th Floor
New York, NY  10005

Counsel for Certain Defendants:

WILLIAMS & CONNOLLY LLP
STEVEN M. FARINA
725 Twelfth Street, N.W.
Washington, D.C.  20005

PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE.  If you have any questions about the Settlement, you may contact Lead Counsel at the addresses listed above.

DATED: December 4, 2015

BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT
DISTRICT OF RHODE ISLAND

 

SOURCE Robbins Geller Rudman & Dowd LLP and Labaton Sucharow LLP



RELATED LINKS

http://www.cvssecuritiessettlement.com
http://www.cvssecuritiessettlement.com