No. 1:13-cv-02111 (SLE) (N.D. Ill.)
Welcome to the settlement website for the
Navistar Securities Settlement (the “Action”).
The purpose of this website is to inform you of the Settlement of the Action and of the hearing to be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement as well as counsel’s application for fees, costs, and expenses. The Notice explains the lawsuit, the Settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them.
The Settlement resolves claims by members of the Class, i.e., all persons or entities who purchased or otherwise acquired the common stock of Navistar International Corporation (ticker symbol: NAV) between March 10, 2010 and August 1, 2012, both dates inclusive.
If you are a member of the Class, your legal rights are affected whether you act or do not act.
THE FINAL APPROVAL HEARING DATE HAS CHANGED.
The Court will hold a Final Approval Hearing scheduled on November 1, 2016.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT:|
|SUBMIT A PROOF OF CLAIM FORM||This is the only way to receive a payment. If you wish to obtain a payment as a member of the Class, you will need to file a proof of claim form (the “Proof of Claim Form”), which is included with the Notice, postmarked no later than September 16, 2016.|
|EXCLUDE YOURSELF||If you exclude yourself from the Class, you will receive no payment pursuant to this Settlement. You may be able to seek recovery against the Defendants or other Released Parties through other litigation. Exclusions must be received no later than October 7, 2016.|
|OBJECT TO THE SETTLEMENT||Write to the Court and explain why you do not like the Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and reimbursement of Litigation Expenses. You cannot object to the Settlement unless you are a member of the Class and do not validly exclude yourself. Objections must be received by the Court and counsel on or before October 7, 2016.|
|GO TO THE HEARING||You may attend the hearing to speak in Court about the fairness of the Settlement, the proposed Plan of Allocation, or Lead Counsel’s request for attorneys’ fees and reimbursement of Litigation Expenses. You cannot object to the Settlement unless you are a member of the Class and do not validly exclude yourself. You must file a notice of intention to appear so that it is received no later than October 11, 2016. The Final Approval Hearing will take place on November 1, 2016.|
|DO NOTHING||Receive no payment, remain a Class Member, give up your rights to seek recovery against the Defendants and the other Released Parties through other litigation and be bound by the Judgment entered by the Court if it approves the Settlement, including the release of the Released Claims.|