LTEE

Conn's Summary Notice of Proposed Settlement of Stockholder Derivative Action

Retrieved on: 
Monday, December 27, 2021
808, Settlement, Pine Street, Hearing, FLETCHER, Calendar, Stipulation, ACTION, Suite, Judgement, ALL, Insurance, Prejudice, THE, Agreement, COMMON, District court, GLOBE, NO, VINSON, LTEE, KPE, Service award, Notice, Derivative, RESPECT, READ, Fee, OF, PLLC, PARTIES, Address, Nominal, Lease, Court

THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.

Key Points: 
  • THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.
  • IF THE COURT APPROVES THE SETTLEMENT AND DISMISSAL OF THE ACTION, CURRENT CONNS STOCKHOLDERS WILL BE FOREVER BARRED FROM CONTESTING THE APPROVAL OF THE PROPOSED SETTLEMENT AND FROM PURSUING THE SETTLED CLAIMS.
  • PLEASE TAKE NOTICE that the above-captioned stockholder Derivative Action is being settled, and the parties have entered into a Stipulation and Agreement of Settlement, dated November 24, 2021 (the Stipulation).
  • A further notice describing the Derivative Action along with the text of the Stipulation is available at https://ir.conns.com/notice-derivative-settlement-and-hearing .