Le Lézard
Classified in: Business, Covid-19 virus
Subject: ATY

Robbins Geller Rudman & Dowd LLP Announce a Notice of Pendency and Proposed Settlement of Class Action in Yellowdog Partners, LP v. Curo Group Holdings Corp., et al.


SAN DIEGO, Sept. 25, 2020 /PRNewswire/ --

UNITED STATES DISTRICT COURT
DISTRICT OF KANSAS
KANSAS CITY

YELLOWDOG PARTNERS, LP, Individually and
on Behalf of All Others Similarly Situated,

Plaintiff,

vs.

CURO GROUP HOLDINGS CORP., et al.,

Defendants.

 

 


Civil Action No. 2:18-cv-02662-JWL-KGG


CLASS ACTION

 

SUMMARY NOTICE

 

TO: 

ALL PERSONS AND ENTITIES THAT PURCHASED OR ACQUIRED CURO GROUP HOLDINGS CORP. ("CURO") COMMON STOCK DURING THE PERIOD BETWEEN APRIL 27, 2018, AND OCTOBER 24, 2018, INCLUSIVE (THE "SETTLEMENT CLASS PERIOD")

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the District of Kansas, that a hearing, which the Court may require or permit to be conducted as a telephonic hearing in light of the ongoing exigent circumstances caused by the COVID-19 pandemic, will be held on December 18, 2020, at 11:00 a.m., before the Honorable John W. Lungstrum, United States District Judge, at the United States District Court for the District of Kansas, 500 State Avenue, Kansas City, Kansas 66101 for the purpose of determining: (1) whether the proposed Settlement of the above-captioned Litigation, as set forth in the settlement agreement reached between the parties, consisting of Eight Million Nine Hundred Eighty Thousand Dollars ($8,980,000.00) in cash, should be approved as fair, reasonable, and adequate to the Members of the Settlement Class; (2) whether the release by Settlement Class Members of claims as set forth in the settlement agreement should be authorized; (3) whether the proposed plan to distribute the settlement proceeds (the "Plan of Allocation") is fair, reasonable, and adequate; (4) whether the application by Lead Plaintiff's counsel for an award of attorneys' fees, charges, and expenses and the award to Lead Plaintiff pursuant to 15 U.S.C. §78u-4(a)(4) in connection with its representation of the Settlement Class should be approved; and (5) whether the Judgment, in the form attached to the settlement agreement, should be entered.

Please note that the date, time, and location of the Settlement Hearing are subject to change without further notice.  In light of the ongoing exigent circumstances caused by the COVID-19 pandemic, the Court may require or permit attendance at the Settlement Hearing by telephone.  If the Court requires or permits telephonic participation in the Settlement Hearing, the dial-in number for the Settlement Hearing will be posted on www.CuroSecuritiesSettlement.com.  Settlement Class Members who intend to appear at the Settlement Hearing are advised to visit www.CuroSecuritiesSettlement.com for updates.

IF YOU PURCHASED OR ACQUIRED ANY OF THE COMMON STOCK OF CURO DURING THE PERIOD BETWEEN APRIL 27, 2018, AND OCTOBER 24, 2018, INCLUSIVE, YOUR RIGHTS WILL BE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.

If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action ("Notice") and a copy of the Proof of Claim and Release form ("Proof of Claim"), you may obtain copies by writing to Curo Securities Settlement, Claims Administrator, c/o A.B. Data, Ltd., P.O. Box 173109, Milwaukee, WI 53217 or on the internet at www.CuroSecuritiesSettlement.com.

If you are a Settlement Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim by mail (postmarked no later than December 17, 2020) or if submitted electronically no later than December 17, 2020, establishing that you are entitled to recovery.  Unless the deadline is extended, your failure to submit your Proof of Claim by the above deadline will preclude you from receiving any payment from the Settlement.

If you are a Settlement Class Member and you desire to be excluded from the Settlement Class, you must submit a request for exclusion such that it is received no later than November 27, 2020, in the manner and form explained in the detailed Notice, referred to above.  All Members of the Settlement Class who do not timely and validly request exclusion from the Settlement Class will be bound by any judgment entered in the Litigation pursuant to the Stipulation of Settlement.

Any objection to the Settlement, the Plan of Allocation, or the fee and expense application must be mailed to each of the following recipients, received no later than November 27, 2020:

CLERK OF THE COURT
UNITED STATES DISTRICT COURT
DISTRICT OF KANSAS
500 State Avenue
Kansas City, KS 66101

Lead Counsel:

ROBBINS GELLER RUDMAN
  & DOWD LLP
THEODORE J. PINTAR
655 West Broadway, Suite 1900
San Diego, CA  92101

Counsel for Defendants:

WILLKIE FARR
   & GALLAGHER LLP
TODD G. COSENZA
787 Seventh Avenue
New York, NY  10019

PLEASE DO NOT CONTACT THE COURT, THE CLERK'S OFFICE, OR DEFENDANTS REGARDING THIS NOTICE.  If you have any questions about the Settlement, you may contact Lead Counsel at the address listed above.

DATED: SEPTEMBER 25, 2020 

BY ORDER OF THE COURT


UNITED STATES DISTRICT COURT


DISTRICT OF KANSAS

 

SOURCE Robbins Geller Rudman & Dowd LLP


These press releases may also interest you

23 oct 2020
Technavio has been monitoring the smart mattress market and it is poised to grow by USD 819.27 million during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current...

23 oct 2020
The liquid biopsy market is poised to grow by USD 4.02 billion during 2020-2024, progressing at a CAGR of almost 38% during the forecast period. The report on the liquid biopsy market provides a holistic update, market size and forecast, trends,...

23 oct 2020
The dPCR market is poised to grow by USD 518.69 million during 2020-2024, progressing at a CAGR of over 24% during the forecast period. The report on the dPCR market provides a holistic update, market size and forecast, trends, growth drivers, and...

23 oct 2020
Pacific Gas and Electric Company's (PG&E) Emergency Operations Center, Meteorology team and Wildfire Safety Operations Center are working together and tracking a significant, offshore wind event starting Sunday that is forecast to have the driest...

23 oct 2020
The phenolic resin market is expected to grow by USD 4.56 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the phenolic resin market in optimistic, probable, and pessimistic...

23 oct 2020
The global facial recognition market size is poised to grow by USD 3.35 billion during 2020-2024, progressing at a CAGR of almost 12% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date...



News published on 25 september 2020 at 10:00 and distributed by: