Notice of Pendency and Proposed Settlement of Class Action Involving All Persons Who Purchased or Otherwise Acquired Teleperformance SE American Depositary Receipts from February 20, 2020 through November 9, 2022, Inclusive

MIAMI, Feb. 11, 2025 /PRNewswire/ -- The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Teleperformance Securities Settlement:

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA
CASE NO. 23-24580-CIV-ALTONAGA/REID

SUMMARY NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION

TO:     ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED TELEPERFORMANCE SE ("TELEPERFORMANCE") AMERICAN DEPOSITARY RECEIPTS ("ADRs") BETWEEN FEBRUARY 20, 2020 AND NOVEMBER 9, 2022, INCLUSIVE ("CLASS" OR "CLASS MEMBERS")

THIS NOTICE WAS AUTHORIZED BY THE COURT.  IT IS NOT A LAWYER SOLICITATION.  PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.  YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED that a hearing will be held on May 27, 2025, at 8:30 a.m., before the Honorable Cecilia M. Altonaga at the United States District Court for the Southern District of Florida, 400 North Miami Avenue, Miami, FL 33128, to determine whether: (1) the proposed settlement (the "Settlement") of the above-captioned Litigation¹ as set forth in the Stipulation of Settlement ("Stipulation")² for $5,500,000 in cash should be approved by the Court as fair, reasonable, and adequate; (2) the Judgment as provided under the Stipulation should be entered dismissing the Litigation with prejudice; (3) to award Plaintiffs' Counsel attorneys' fees and expenses out of the Settlement Fund (as defined in the Notice of Pendency and Proposed Settlement of Class Action ("Notice"), which is discussed below) and, if so, in what amounts; (4) to grant Plaintiffs awards for their representation of the Class out of the Settlement Fund and, if so, in what amount; and (5) the Plan of Allocation should be approved by the Court as fair, reasonable, and adequate.

In order to determine whether the date and time of the Settlement Hearing have changed, it is important that you monitor the Court's docket and the Settlement website, www.TeleperformanceSecuritiesSettlement.com, before making any plans to attend the Settlement Hearing.  Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing or updates regarding in-person or telephonic appearances at the hearing, will also be posted to the Settlement website, www.TeleperformanceSecuritiesSettlement.com.  Also, if the Court requires or allows Class Members to participate in the Settlement Hearing by telephone, the telephone number for accessing the telephonic conference will be posted to the Settlement website.

IF YOU PURCHASED OR OTHERWISE ACQUIRED TELEPERFORMANCE ADRs BETWEEN FEBRUARY 20, 2020 AND NOVEMBER 9, 2022, INCLUSIVE, YOUR RIGHTS ARE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.

To share in the distribution of the Net Settlement Fund, you must establish your rights by submitting a Proof of Claim and Release form ("Proof of Claim") by mail (postmarked no later than May 11, 2025) or electronically via the website (no later than 11:59 p.m. ET on May 11, 2025).  Your failure to submit your Proof of Claim by May 11, 2025, will subject your claim to rejection and preclude you from receiving any of the recovery in connection with the Settlement of this Litigation.  If you purchased or acquired Teleperformance ADRs between February 20, 2020 and November 9, 2022, inclusive, and do not request exclusion from the Class, you will be bound by the Settlement and any judgment and release entered in the Litigation, including, but not limited to, the Judgment, whether or not you submit a Proof of Claim.

If you have not received a copy of the Notice, which more completely describes the Settlement and your rights thereunder (including your right to object to the Settlement), and a Proof of Claim, you may obtain these documents, as well as a copy of the Stipulation (which, among other things, contains definitions for the defined terms used in this Summary Notice) and other settlement documents, online at www.TeleperformanceSecuritiesSettlement.com, or by writing to:

Teleperformance Securities Settlement
c/o Rust Consulting, Inc. - 8868
P.O. Box 2599
Faribault, MN 55021-9599

Inquiries should NOT be directed to Defendants, the Court, or the Clerk of the Court.

Inquiries, other than requests for the Notice or for a Proof of Claim, may be made to Lead Counsel:

ROBBINS GELLER RUDMAN & DOWD LLP
Theodore J. Pintar
655 West Broadway, Suite 1900
San Diego, CA 92101
Telephone: 800/449-4900
[email protected]

IF YOU DESIRE TO BE EXCLUDED FROM THE CLASS, YOU MUST SUBMIT A REQUEST FOR EXCLUSION SUCH THAT IT IS POSTMARKED OR RECEIVED BY MAY 5, 2025, IN THE MANNER AND FORM EXPLAINED IN THE NOTICE.  ALL CLASS MEMBERS WILL BE BOUND BY THE SETTLEMENT EVEN IF THEY DO NOT SUBMIT A TIMELY PROOF OF CLAIM.

IF YOU ARE A CLASS MEMBER, YOU HAVE THE RIGHT TO OBJECT TO THE SETTLEMENT, THE PLAN OF ALLOCATION, THE REQUEST BY PLAINTIFFS' COUNSEL FOR AN AWARD OF ATTORNEYS' FEES AND EXPENSES, AND/OR ANY AWARDS TO PLAINTIFFS PURSUANT TO 15 U.S.C. §78u-4(a)(4) IN CONNECTION WITH THEIR REPRESENTATION OF THE CLASS.  ANY OBJECTIONS MUST BE FILED WITH THE COURT AND SENT TO LEAD COUNSEL AND DEFENDANTS' COUNSEL BY MAY 5, 2025, IN THE MANNER AND FORM EXPLAINED IN THE NOTICE.

For more information:

• Visit: www.TeleperformanceSecuritiesSettlement.com
• Call: 1-888-516-0722

BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA

1          All capitalized terms used in this Summary Notice that are not otherwise defined herein shall have the meanings provided in the Stipulation.

2         The Stipulation can be viewed and/or obtained at www.TeleperformanceSecuritiesSettlement.com.

SOURCE Robbins Geller Rudman & Dowd LLP