Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefit Funds v. Brixmor Property Group Inc. et al.
Case No.: 1:16-cv-02400 (AT)(SN)
Welcome to the Settlement website for the Brixmor Securities Litigation (the “Action”).
The purpose of this website is to inform you of the Settlement of the Action and of the hearing to be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement as well as counsel’s application for fees, costs, and expenses. The Notice explains the lawsuit, the Settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them.
The Settlement resolves Claims by members of the Settlement Class, i.e., all persons or entities who purchased or otherwise acquired Brixmor Property Group Inc. ("Brixmor" or "the Company") securities (including, but not limited to common stock, 3.850% Senior Notes due 2025, and 3.875% Senior Notes due 2022) (ticker symbol: BRX) between February 20, 2014 and February 5, 2016, both dates inclusive.
If you are a member of the Settlement Class, your legal rights are affected whether or not you act.
The Court will hold a Final Approval Hearing scheduled on December 6, 2017 at 11:00 a.m.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT|
|SUBMIT A PROOF OF CLAIM FORM||This is the only way to receive a payment. If you wish to obtain a payment as a member of the Settlement Class, you will need to file a proof of claim form (the “Proof of Claim Form”), which is included with the Notice or downloadable here, postmarked no later than December 12, 2017.|
|EXCLUDE YOURSELF||If you exclude yourself from the Settlement Class, you will receive no payment pursuant to this Settlement. You may be able to seek recovery against the Defendants or other Released Parties through other litigation. Exclusions must be received no later than November 15, 2017. See FAQ 10 for more information.|
|OBJECT TO THE SETTLEMENT||Write to the Court and explain why you do not like the Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and reimbursement of Litigation Expenses. You cannot object to the Settlement unless you are a member of the Settlement Class and do not validly exclude yourself. Objections must be received by the Court and counsel on or before November 15, 2017. See FAQ 12 for more information.|
|GO TO THE HEARING||You may attend the hearing to speak in Court about the fairness of the Settlement, the proposed Plan of Allocation, or Lead Counsel’s request for attorneys’ fees and reimbursement of Litigation Expenses. You cannot object to the Settlement unless you are a member of the Settlement Class and do not validly exclude yourself. The Final Approval Hearing will take place on December 6, 2017 at 11:00 a.m.|
|DO NOTHING||Receive no payment, remain a Class Member, give up your rights to seek recovery against the Defendants and the other Released Parties through other litigation and be bound by the Judgment entered by the Court if it approves the Settlement, including the release of the Released Claims.|