In re Conn’s, Inc. Securities Litigation , Civil Action No. 4:14-cv-00548 (KPE)
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.
The Frequently Asked Questions page of this website has more information on your rights as a Settlement Class Member in this Action.