Scott + Scott LLP Announces Class Action Settlement Affecting All Persons Who Purchased Shares Of Common Stock Issued By FireEye, Inc. ("FireEye") In FireEye's March 6, 2014 Secondary Public Offering (The "Secondary Offering"), And Who Were Damaged Thereby (The "Class")
SAN JOSE, Calif., April 7, 2017 /PRNewswire/ -- YOU ARE HEREBY NOTIFIED that a hearing will be held on August 4, 2017 at 9:00 a.m., before the Honorable Peter H. Kirwan, Superior Court of California, County of Santa Clara, at the Santa Clara County Courthouse, Department 19, 191 North First Street, San Jose, CA, 95113, to determine whether: (1) the proposed settlement (the "Settlement") of In Re FireEye, Inc. Securities Litigation, Santa Clara Superior Court Case No. 1-14-cv-266866 ("the Action") for $10,250,000 in cash should be approved by the Court as fair, reasonable and adequate; (2) the Final Judgment as provided under the Stipulation and Agreement of Settlement ("Stipulation") should be entered, dismissing the Amended Class Action Complaint filed in the Action on the merits and with prejudice; (3) the release by the Class of the Released Claims, as set forth in the Stipulation, should be provided to the Released Defendants' Parties; (4) to award Plaintiff's Counsel attorneys' fees and expenses out of the Settlement Fund (as defined in the Notice of Proposed Settlement of Class Action (the "Notice"), referenced below); (5) to grant Lead Plaintiff's request for an incentive or service award in connection with its role in prosecuting this action on behalf of the Class out of the Settlement Fund; and (6) the Plan of Allocation should be approved by the Court.
IF YOU PURCHASED OR ACQUIRED SHARES OF FIREEYE COMMON STOCK (ticker symbol: "FEYE") IN THE MARCH 6, 2014 SECONDARY OFFERING, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THIS ACTION.
To share in the distribution of the Settlement Fund, you must establish your rights by submitting a Proof of Claim to the address below that is postmarked on or before July 8, 2017. Your failure to submit your Proof of Claim by July 8, 2017 will subject your claim to rejection and preclude your receiving any of the recovery in connection with the Settlement of this Action. If you are a Member of the Class and do not request exclusion therefrom, you will be bound by the Settlement and any judgment and release entered in the Action, including, but not limited to, the Final Judgment, whether or not you submit a Proof of Claim.
If you have not received a copy of the Notice, which more fully describes the Settlement and your rights thereunder (including your right to object to the Settlement), or a Proof of Claim form, you may obtain these documents (as well as a copy of the Stipulation, which contains the complete terms of the Settlement and the definitions of all capitalized defined terms used in this Summary Notice) online at www.FireEyeSecuritiesLitigation.com, or by writing to:
FireEye Securities Litigation Settlement
c/o KCC Class Action Services
P.O. Box 43034
Providence, RI 02940-3034
Phone: (844) 330-1118
www.FireEyeSecuritiesLitigation.com
Inquiries should NOT be directed to Defendants, the Court, or the Clerk of the Court. Inquiries, other than requests for a copy of the Notice or Proof of Claim form, may be made to Plaintiff's Counsel:
SCOTT+SCOTT, ATTORNEYS AT LAW, LLP
William C. Fredericks
The Helmsley Building
230 Park Avenue, 17th Floor
New York, NY 10169-1820
Telephone: (212) 223-6444
Facsimile: (212) 223-6334
IF YOU DESIRE TO BE EXCLUDED FROM THE CLASS, YOU MUST SUBMIT A REQUEST FOR EXCLUSION BY JULY 14, 2017, IN THE MANNER AND FORM EXPLAINED IN THE NOTICE. ALL MEMBERS OF THE CLASS WHO DO NOT PROPERLY REQUEST EXCLUSION FROM THE CLASS WILL BE BOUND BY THE SETTLEMENT ENTERED IN THE ACTION EVEN IF THEY DO NOT FILE A TIMELY PROOF OF CLAIM.
Dated: March 10, 2017 |
HON. PETER H. KIRWAN |
SUPERIOR COURT JUDGE |
|
SANTA CLARA COUNTY, CA |
SOURCE Scott+Scott LLP
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