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Montana Power Company Securities, Shareholder and ERISA Class Action Settlement Hearing Announced

Settlement Hearing Announced In Securities, Shareholder and ERISA Class Actions Against Montana Power Company

The lawyers for the plaintiffs in three separate class action cases brought on behalf of persons who purchased and/or owned Montana Power Company common stock have announced that the United States District Court for the District of Montana will hold a hearing on May 20, 2010, at 8:30 a.m. and continuing as necessary on May 21, 2010, at the United States Courthouse in Montana, to determine whether to approve the class action settlements, according to a class action news report.

The Montana Power Company proposed securities class action settlement is for $19,000,000, the Montana Power Company proposed shareholder class action settlement is $39,280,000 and the Montana Power Company proposed ERISA class action settlement is $4,900,000.

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