SAN DIEGO–(BUSINESS WIRE)–Dec 5, 2022–
The next assertion is being issued by Robbins Geller Rudman & Dowd LLP concerning the Tremendous Micro Laptop, Inc. Securities Litigation:
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
OAKLAND DIVISION
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LOGAN HESSEFORT, Individually and on Behalf of All Others Equally Located, |
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Lead Case No. 4:18-cv-00838-JST |
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CLASS ACTION |
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Plaintiff, |
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vs. |
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SUMMARY NOTICE |
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SUPER MICRO COMPUTER, INC., et al., |
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Defendants. |
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IF YOU PURCHASED OR ACQUIRED SUPER MICRO COMPUTER, INC. (“SUPER MICRO”) COMMON STOCK FROM AUGUST 5, 2016 THROUGH JANUARY 30, 2018, INCLUSIVE (THE “CLASS PERIOD”), YOU COULD RECEIVE A PAYMENT FROM A CLASS ACTION SETTLEMENT. CERTAIN PERSONS ARE EXCLUDED FROM THE DEFINITION OF THE CLASS AS SET FORTH IN THE STIPULATION OF SETTLEMENT.
PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Guidelines of Civil Process and Order of the USA District Courtroom for the Northern District of California, Oakland Division, that the above-captioned litigation (the “Litigation”) has been licensed as a category motion for the needs of settlement solely and {that a} Settlement has been proposed for $18,250,000.00 in money. A listening to will probably be held on March 2, 2023, at 2:00 p.m., earlier than the Honorable Jon S. Tigar, through Zoom on the hyperlink accessible at https://cand.uscourts.gov/judges/tigar-jon-s-jst/, for the aim of figuring out whether or not: (1) the proposed Settlement needs to be permitted by the Courtroom as honest, affordable and sufficient; (2) the proposed Plan of Allocation for distribution of the Settlement proceeds is honest, affordable and sufficient and subsequently needs to be permitted; and (3) the appliance of Lead Counsel for the cost of attorneys’ charges and bills from the Settlement Fund, together with curiosity earned thereon, needs to be permitted.
IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THE LITIGATION, AND YOU MAY BE ENTITLED TO SHARE IN THE SETTLEMENT FUND. In case you have not acquired an in depth Discover of Pendency and Proposed Settlement of Class Motion (the “Discover”) and a replica of the Proof of Declare, chances are you’ll get hold of a replica of those paperwork by contacting the Claims Administrator: Tremendous Micro Securities Settlement, Claims Administrator c/o Gilardi & Co. LLC, P.O. Field 6181, Novato, CA 94948-6181; 1-888-859-1906. You may additionally get hold of copies of the Stipulation of Settlement, Discover and Proof of Declare Type at www.SuperMicroSecuritiesSettlement.com.
If you’re a Class Member, to be eligible to share within the distribution of the Web Settlement Fund, you need to submit a Proof of Declare by mail postmarked no later than February 27, 2023, or submit it on-line by that date. If you’re a Class Member and don’t submit a legitimate Proof of Declare, you’ll not be eligible to share within the distribution of the Web Settlement Fund, however you’ll nonetheless be sure by any judgment entered by the Courtroom on this Litigation (together with the releases supplied for therein).
To exclude your self from the Class, you need to mail a written request for exclusion in order that it’s acquired by February 9, 2023, in accordance with the directions set forth within the Discover. If you’re a Class Member and don’t exclude your self from the Class, you may be sure by any judgment entered by the Courtroom on this Litigation (together with the releases supplied for therein) whether or not or not you submit a Proof of Declare. For those who submit a written request for exclusion, you should have no proper to get better cash pursuant to the Settlement.
Any objection to the proposed Settlement, the Plan of Allocation of Settlement proceeds, or the price and expense software have to be filed with the Courtroom no later than February 9, 2023.
PLEASE DO NOT CONTACT THE COURT, THE CLERK’S OFFICE, DEFENDANTS, OR DEFENDANTS’ COUNSEL REGARDING THIS NOTICE. In case you have any questions in regards to the Settlement, or your eligibility to take part within the Settlement, chances are you’ll contact Lead Counsel on the following tackle or by calling 1-800-449-4900:
ROBBINS GELLER RUDMAN & DOWD LLP
ELLEN GUSIKOFF STEWART, ESQ.
655 West Broadway, Suite 1900
San Diego, CA 92101
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DATED: November 8, 2022 |
BY ORDER OF THE COURT |
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UNITED STATES DISTRICT COURT |
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NORTHERN DISTRICT OF CALIFORNIA |
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OAKLAND DIVISION |
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CONTACT: Robbins Geller Rudman & Dowd LLP
Shareholder Relations Division
Greg Wooden
(619) 231-1058
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Robbins Geller Rudman & Dowd LLP
Copyright Enterprise Wire 2022.
PUB: 12/05/2022 08:00 AM/DISC: 12/05/2022 08:02 AM
