The Court held a hearing on August 2, 2018 to consider whether the Settlement should be approved and related matters. On August 6, 2018, the Court entered an order approving the Settlement and the Plan of Allocation. An accompanying motion for Lead Counsel’s attorneys’ fees, reimbursement of Plaintiffs’ Counsel’s litigation expenses and for payments to the Lead Plaintiffs, all to be paid out of the $19.5 million settlement fund, remains pending before the Court.
Payments to eligible claimants will be made only after the Court enters the Judgment, and any appeals are resolved, and after the completion of all claims processing, which is currently ongoing. Please be patient, as this process will take some time to complete.