What payments are the attorneys for the Settlement Class seeking? How will the lawyers be paid?

Plaintiffs’ Counsel have not received any payment for their services in pursuing claims against the Defendants on behalf of the Settlement Class, nor have Plaintiffs’ Counsel been reimbursed for their out-of-pocket expenses.  Before final approval of the Settlement, Lead Counsel will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an amount not to exceed 33% of the Settlement Fund.  At the same time, Lead Counsel also intends to apply for reimbursement of Litigation Expenses in an amount not to exceed $250,000, and may also seek awards for the Plaintiffs, pursuant to the Private Securities Litigation Reform Act, in an amount not to exceed $2,500 each.  The Court will determine the amount of any award of attorneys’ fees or reimbursement of Litigation Expenses or payment of any awards for the Plaintiffs.  Such sums as may be approved by the Court will be paid solely from the Settlement Fund.  Settlement Class Members are not personally liable for any such fees or expenses.

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