NEW YORK, Oct. 20, 2015 /PRNewswire/ -- TO: ALL PERSONS AND ENTITIES THAT PURCHASED OR OTHERWISE ACQUIRED PUBLICLY TRADED COMMON STOCK OF NEUSTAR, INC. ("NEUSTAR") BETWEEN APRIL 19, 2013 AND JUNE 6, 2014, INCLUSIVE (THE "CLASS PERIOD").
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the Court, that the Indiana Public Retirement System ("Lead Plaintiff"), on behalf of itself and the Settlement Class, on the one hand, and Neustar, Lisa A. Hook, Paul S. Lalljie, and Steven J. Edwards (collectively, "Defendants"), on the other hand, have reached a proposed Settlement in the above-captioned action (the "Action") in the amount of $2,625,000 in cash, plus any accrued interest (the "Settlement Fund") that, if approved, will resolve all claims in the Action.
A hearing will be held before the Honorable James C. Cacheris of the United States District Court for the Eastern District of Virginia, at the Albert V. Bryan U.S. Courthouse, 401 Courthouse Square, Alexandria, VA 22314 at 10:00 a.m. on December 3, 2015 to determine, among other things, whether (1) the proposed Settlement should be approved by the Court as fair, reasonable, and adequate; (2) the Action should be dismissed with prejudice as set forth in the Stipulation and Agreement of Settlement, dated as of July 28, 2015; (3) the proposed Plan of Allocation for distribution of the Net Settlement Fund should be approved as fair and reasonable; and (4) the application of Lead Counsel for an award of attorneys' fees and payment of litigation expenses should be approved. The Court may change the date of the hearing without providing another notice. You do NOT need to attend the Settlement Hearing in order to receive a distribution from the Net Settlement Fund.
IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO SHARE IN THE NET SETTLEMENT FUND. If you have not yet received the full Notice of Pendency of Class Action, Proposed Settlement, and Motion for Attorneys' Fees and Expenses (the "Notice") and a Proof of Claim and Release form ("Proof of Claim"), you may obtain copies of these documents by contacting the Claims Administrator or visiting its website:
In re Neustar, Inc. Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 170500
Milwaukee, WI 53217-8091
Inquiries, other than requests for the aforementioned documents or for information about the status of a claim, may also be made to Lead Counsel:
If you are a Settlement Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim postmarked or received on or before February 3, 2016. If you are a Settlement Class Member and do not timely submit a valid Proof of Claim, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by any judgments or orders entered by the Court in the Action.
To exclude yourself from the Settlement Class, you must submit a written request for exclusion in accordance with the instructions set forth in the Notice such that it is received on or before November 12, 2015. If you are a Settlement Class Member and do not exclude yourself from the Settlement Class, you will be bound by any judgments or orders entered by the Court in the Action.
Any objections to the proposed Settlement, Plan of Allocation, and/or application for attorneys' fees and payment of expenses must be mailed to counsel for the Parties in accordance with the instructions set forth in the Notice, such that they are received on or before November 12, 2015 and filed with the Court on or before November 12, 2015.
PLEASE DO NOT CONTACT THE COURT, DEFENDANTS, OR DEFENDANTS' COUNSEL REGARDING THIS NOTICE. ALL QUESTIONS ABOUT THIS NOTICE, THE PROPOSED SETTLEMENT, OR YOUR ELIGIBILITY TO PARTICIPATE IN THE SETTLEMENT SHOULD BE DIRECTED TO THE CLAIMS ADMINISTRATOR OR LEAD COUNSEL AT THE ADDRESSES LISTED ABOVE.
DATED: OCTOBER 20, 2015
BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF VIRGINIA
SOURCE Labaton Sucharow LLP