GCG

Court-appointed Lead Plaintiff, The New York Hotel Trades Council and Hotel Association of New York City, Inc. Pension Fund ("Lead Plaintiff"), has reached a proposed settlement in the amount of $6,250,000 in cash (the "Settlement") on behalf of the proposed Settlement Class. Cash payments will be made if the Court approves the Settlement and after any appeals are resolved... Subject to Court approval, Lead Plaintiff, on behalf of the proposed Class, has agreed to settle all claims in the Action in exchange for a cash payment of $6,250,000 (the "Settlement Amount"). The Net Settlement Fund (the Settlement Fund less court-awarded attorneys' fees and expenses, Notice and Administration Expenses, any required Taxes or Tax Expenses payments, and any other fees or expenses approved by the Court) will be distributed in accordance with a plan of allocation (the "Plan of Allocation") that will be approved by the Court and will determine how the Net Settlement Fund shall be allocated to the..

Also known as: Vista Outdoor Inc., Vista Outdoor Securities Settlement

Primary location: Dublin United States