The Law Firm of Nix, Patterson & Roach, LLP Announces a Class Action Lawsuit Involving MoneyGram International, Inc. Common Stock That May Affect Your Rights

MINNEAPOLIS, April 7 /PRNewswire/ -- If you purchased or otherwise acquired the common stock of MoneyGram International, Inc. ("MoneyGram") between January 24, 2007 and March 25, 2008, inclusive (the "Class Period"), you may be a member of the Class in this action and entitled to share in a $80,000,000 settlement.

You are herby notified, pursuant to an Order of the United States District Court for the District of Minnesota, that a settlement class has been certified and that a settlement of Eighty Million Dollars ($80,000,000) has been proposed in the above-captioned action. A hearing will be held in the Courtroom of The Honorable David S. Doty, U.S. Federal Building. 300 South Fourth Street, Minneapolis, Minnesota 55415, at 10:00 a.m., on June 18, 2010 to determine whether: (1) the proposed settlement should be approved by the Court as fair, reasonable and adequate; (2) Lead Counsel's application for an award of attorneys' fees and reimbursements of expenses should be approved; (3) the claims against the Defendants should be dismissed with prejudice; and (4) such other matters as the Court deems appropriate to rule upon. If approved, the Settlement will resolve all of the claims in this litigation as further described in the full printed Notice of Class Action, Proposed Settlement, Motion for Attorneys' Fees and Fairness Hearing (the "Notice").

If you are a member of the class described above, your rights will be affected and you may be entitled to share in the settlement fund. If you are a member of the class and you do not request exclusion, you will be bound by the settlement and barred from asserting the released claims.  If you have not yet received the full printed Notice and Proof of Claim and Release form ("Proof of Claim"), you may obtain copies of these documents by downloading them from the website www.MGIsettlement.com or by contacting:

In re MoneyGram Securities Litigation Settlement

c/o Rust Consulting, Inc., Claims Administrator

P.O. Box 2304

Faribault, MN 55021-9004

To participate in the Settlement, you must submit a Proof of Claim postmarked not later than July 22, 2010. The deadline for submitting objections and requests for exclusion is June 4, 2010.

Further information may also be obtained by directing your inquiry in writing to the Claims Administrator, Rust Consulting, Inc., at the address listed above; by phone, toll-free,

866-880-0070 or visiting the website www.MGIsettlement.com.

By Order of The Court

SOURCE Nix, Patterson & Roach, LLP