Indiana Sea

Swimming the Credit & Financial Currents

Claims Administrator Angeion Group Announces Proposed Settlement In ITT …

PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE INFLUENCED BY A.
CLASS ACTION SUIT PENDING IN THIS COURT.

YOU ARE HEREBY ALERTED that a proposed Settlement has been reached in.
this Action, which has been preliminarily licensed as a class action.
for the purposes of settlement only. Pursuant to Guideline.
23 of the Federal Rules of Civil Treatment and an Order of the United.
States District Court for the Southern District of Indiana, a hearing.
will be held on March 10, 2016, at 2:00 pm, prior to The Honorable Tanya.
Walton Pratt, at the Birch Bayh Federal Building amp; United States Courthouse, 46.
East Ohio Street, Courtroom 344, Indianapolis, Indiana 46204, for the.
purpose of identifying, amongst other things: (1) whether the proposed.
Settlement of the securities class action claims asserted in this.
Lawsuits, pursuant to which ITT, on behalf of all Defendants, will.
trigger to be deposited into a Settlement Fund the amount of $12.5375 million.
in cash, ought to be authorized by the Court as reasonable, reasonable, and.
adequate and in the finestthe very best interests of the Settlement Class; (2) whether.
to accredit the Settlement Class for functions of settlement; (3) whether.
this Litigation should be dismissed with prejudice pursuant to the terms.
and conditions set forth in the Specification, consisting of, but not limited.
to, the release of claims versus the Defendants and other Released.
Persons; (4) whether the proposed plan to distribute the settlement.
proceeds (the “Plan of Allotment”) is fair, sensible, and adequate.
and for that reason need to be accepted; (5) whether the application of Lead.
Counsel for the payment of lawyers’ charges and expenditures sustained in.
connection with this Lawsuits should be approved; and (6) whether the.
Court needs to give the application of Complainants for repayment of.
their sensible expenses and expenditures (consisting of lost incomes) directly.
relevant to their representation of the Settlement Class.

If you acquired or otherwise acquired ITT common stock, bought or.
otherwise obtained call choices on ITT typical stock, or wrote put.
choices on ITT typical stock, between February 26, 2013 and May 12, 2015,.
both dates comprehensive, your rights may be influenced by this Settlement.
This Summary Notification supplies only a summary of matters, and a detailed.
Notice of Proposed Settlement of Class Action, Movement for Attorneys’.
Fees and Settlement Hearing (the “Notice”) describing the Action, the.
proposed Settlement, and the rights of Settlement Class Members has actually been.
sent by mail to individuals or entities understood to be prospective Settlement Class.
Members. If you have actually not gotten the Notification or a copy of the Proof of.
Claim and Launch form, you may acquire copies by writing to ITT.
Educational Solutions, Inc. Securities Lawsuits, Claims Administrator,.
1801 Market Street, Suite 660, Philadelphia, PA 19103, or you can.
download a copy at www.ITTEducationSecuritiesLitigation-Indiana.com.

If you are a Settlement Class Member, you can appear in.
Court at the Settlement Hearing to challenge the Settlement, the Strategy of.
Allowance, Lead Counsel’s application for an award of lawyers’ charges.
and costs, and/or the application by Complainants for any expenses or.
expenses. You must submit a composed objection in accordance with the.
treatments explained in the Notification, which need to be filed and served so.
that it is received no later on than February 18, 2016. You likewise have the.
right to omit yourself from the Settlement Class by submitting a.
composed request for exemption from the Settlement Class in accordance.
with the treatments explained in the Notification. The request for exemption.
have to be received no later onbehind February 11, 2016. If the Settlement is.
approved by the Court, you will be bound by the Settlement and the.
Court’s Judgment, consisting of the releases suppliedoffered in the Settlement.
and the Judgment, unless you submit a demand to be omitted. To object,.
to otherwise request to be heard, or to omit yourself from the.
Settlement Class, submit a written objection to be gotten by no later.
than February 18, 2016, or a request for exemption to be received by no.
later on than February 11, 2016, in accordance with the treatments.
explained in the Notification.

If you are a Settlement Class Member, in order to share in the.
distribution of the Net Settlement Fund, you need to submit an Evidence of.
Claim and Launch type postmarked no laterbehind March 3, 2016,.
developing that you are entitled to healing.

PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THIS.
NOTICE. If you have any concerns about the Settlement, you may.
contact Lead Counsel at the address listed below:.

Lionel Z. Glancy, Esq.Glancy Prongay amp; Murray LLP
1925.
Century Park East, Suite 2100
Los Angeles, California 90067!.?.!settlements@glancylaw.com. 1-888-773-9224. or go

to the following website

: www.ITTEducationSecuritiesLitigation-Indiana.com. DATED: December 18, 2015.

Comments are closed.