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In re Endochoice Holdings, Inc. Securities Litigation (Civ. No. 2016 cv 277772)
Superior Court of the State of Georgia
County of Fulton
IMPORTANT UPDATED INFORMATION RELATED TO FINAL APPROVAL HEARING
On May 22, 2020, the Court entered an order that provides as follows:
1. The original deadlines set forth in the Preliminary Approval Order and notice materials distributed to all Class Members are hereby reimposed. Consistent with Chief Justice Melton’s May 11, 2020 Order, the Court will allow any party or other participant in a case to seek reconsideration of this order for a good cause shown.
2. The hearing to consider final approval of the Settlement in this Action, approval of the Plan of Allocation, counsel’s request for attorneys’ fees, and expenses, and related matters scheduled for June 15, 2020 at 10:00 a.m. shall be conducted by telephone conference at the date and time originally scheduled. Any Class Member who has complied with the requirements set forth in Section 23 of the Notice and wishes to be heard may do so by dialing in to: +1 646 876 9923, Meeting ID: 864 1162 2504 or appearing in person for the hearing in Courtroom 9J, of the Georgia Superior Court, Fulton County, Business Division, at 136 Pryor Street, S.W., 9th Floor, Atlanta, Georgia at the scheduled date and time. In addition, any Class Member or other interested party wishing to observe the proceedings may do so by dialing in or appearing in person for the hearing as described above. In the present circumstances, this approach is especially appropriate as it will help protect the health and safety of everyone involved including (i) the Court, chambers staff, and other Court employees; (ii) the Parties and their counsel; and (iii) Settlement Class Members, who may be located anywhere in the United States or abroad and who may be subject to “stay-at-home” orders or their equivalent.
The order is available for access by clicking here
CLASS MEMBERS ARE ENCOURAGED TO READ THIS ORDER IN ITS ENTIRETY.
If you purchased common stock of EndoChoice Holdings, Inc. (“EndoChoice” or the “Company”) between the 4:00 pm EDT close of U.S. trading markets on June 4, 2015 and August 3, 2016, inclusive, and were damaged thereby, you could receive a payment from a class action settlement.
Receipt of the Notice does not mean that you are a Class Member or that you will be entitled to receive money from the settlement. If you are a Class Member and you wish to be eligible to participate in the distribution of proceeds from the Settlement, you are required to submit a Claim Form along with the required supporting documentation postmarked or submitted online no later than June 30, 2020.
SPECIAL NOTICE TO SECURITIES BROKERS AND OTHER NOMINEES
The Court has ordered that if you held any EndoChoice common stock purchased or acquired between the 4:00 p.m. EDT close of U.S. trading markets on June 4, 2015 and August 3, 2016, inclusive, as nominee for a beneficial owner, then, within twenty (20) days after you receive this Notice, you must either: (1) send a copy of this Notice and accompanying Claim Form ("the Notice Package") by first class mail to all such beneficial owners; or (2) provide a list of the names and addresses of such beneficial owners to the Claims Administrator. If you choose to mail the Notice Package yourself, you may obtain from the Claims Administrator (without cost to you) as many additional copies of these documents as you will need to complete the mailing. Regardless of whether you choose to complete the mailing yourself or elect to have the mailing performed for you, you may obtain reimbursement for reasonable administrative costs actually incurred in connection with forwarding the Notice Package that would not have been incurred but for the obligation to forward it, upon submission of appropriate documentation to the Claims Administrator and subject to approval by the Court, in an amount not to exceed $0.75 per Notice Package unit mailed or $0.15 per Class Member identified and provided to the Claims Administrator. All communications concerning the foregoing should be directed to the Claims Administrator by email to nominees@EndoChoiceSecuritiesLitigation.com, or by mail to EndoChoice Securities Litigation, c/o KCC Class Action Services, Nominees, 3301 Kerner Blvd, San Rafael, CA 94901.