If You Purchased Or Acquired Shuffle Master, Inc. (“Shuffle Master”) Common Stock Between And Including February 1, 2006 And March 12, 2007, You Might Be A Member Of The Settlement Class In A Class Action Entitling You To Relief In Connection With The Settlement Of The Class Action.
The Court has preliminarily approved the settlement (the “Settlement”) of a securities class action brought by investors who alleged that the price of Shuffle Master common stock was artificially inflated as a result of false statements, non-disclosures, and fraudulent conduct in violation of the federal securities laws, according to the Shuffle Master securities class action settlement notice.
The Shuffle Master class action settlement provides that Defendants’ insurers will cause $13,000,000 in insurance proceeds (the “Settlement Amount”) to be paid to the class action Settlement Fund. After payment of costs and expenses, the class action settlement proceeds will be distributed to investors who are members of the Settlement Class who submit a valid proof of claim form.
If You Have Thoughts About The Shuffle Master Securities Class Action Settlement, Share Your Settlement Thoughts Below.