Welcome to the settlement website for In re Conn’s, Inc. Securities Litigation, pending in the United States District Court for the Southern District of Texas, Houston Division.

The Settlement resolves claims by Court-appointed Lead Plaintiffs and Class Representatives Laborers Pension Trust Fund – Detroit and Vicinity (“Detroit”), Connecticut Carpenters Pension Fund and Connecticut Carpenters Annuity Fund (“Connecticut”), St. Paul Teachers’ Retirement Fund Association (“St. Paul”), and Universal Investment Gesellschaft m.b.H. (“Universal”) (collectively, “Class Representatives” or “Lead Plaintiffs”), on behalf of themselves and all members of the certified Class (defined below), and Conn’s, Inc. (“Conn’s” or the “Company”) and Theodore Wright and Michael J. Poppe (collectively, “Defendants” and together with Class Representatives, the “Parties”), and embodies the terms and provisions of the settlement of the above-referenced action (the “Action”). Subject to the approval of the United States District Court for the Southern District of Texas (the “Court”) and the terms and conditions expressly provided herein, this Stipulation is intended to fully, finally and forever compromise, settle, release, resolve, and dismiss with prejudice all claims asserted in the Action.

If you are a member of the Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Class consists of:

All persons and entities who purchased or otherwise acquired Conn’s publicly traded common stock and/or call options, or who sold/wrote Conn’s put options, during the period from April 3, 2013 through December 9, 2014 (inclusive), and were damaged thereby.

If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed Settlement, you must submit a Claim Form no later than November 10, 2018. Payments to eligible claimants will be made only if the Court approves the Settlement and a plan of allocation, and only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.

Please read the Notice to fully understand your rights and options. Copies of the Notice and Proof of Claim can also be found on the Documents page.


Important Dates and Deadlines
November 10, 2018 Claim Filing Deadline. Proof of Claim Forms must be postmarked no later than November 10, 2018 to be eligible for a payment from the Settlement.
September 20, 2018 Request for Exclusion Deadline. To exclude yourself from the Class, you must submit a written request for exclusion so that it is received no later than September 20, 2018, in accordance with the instructions in FAQ 13 for details.
September 20, 2018 Objection Deadline. Any objections to the proposed Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and reimbursement of litigation expenses, must be received no later thanSeptember 20, 2018, in accordance with the instructions in FAQ 17 for details.
October 11, 2018 at 2:00 p.m. Settlement Hearing. The Court will hold a Settlement Hearing on October 11, 2018 to decide, among other things, whether to finally approve the Settlement. Even if the Court approves the Settlement, there may be appeals which can take time to resolve, perhaps more than a year. It also takes a long time for all of the Claim Forms to be accurately reviewed and processed. Please be patient.

The Frequently Asked Questions page of this website has more information on your rights as a Settlement Class Member in this Action.


Current Status

We currently estimate that payments to eligible claimants will commence in second quarter 2020.

Important Dates

  • April 3, 2013 - December 9, 2014
    Class Period
  • September 20, 2018
    Deadline to Object
  • September 20, 2018
    Deadline to Exclude Yourself from the Class
  • October 11, 2018 at 2:00 p.m.
    Settlement Hearing
  • November 10, 2018
    Deadline to Submit a Claim Form