WELCOME TO THE MBI SECURITIES LITIGATION SETTLEMENT WEBSITE
Special Situations Funds III QP, L.P., et al, v. Marrone Bio Innovations, Inc., et al, United States District Court, Eastern District of California, Master No. 2:14-cv-2571-MCE-KJN.
The purpose of this website is to inform you of the pendency of this class action (the “Litigation”) and the proposed $12 million settlement reached therein (the “Settlement”) 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. This website describes what steps you may take in relation to the Settlement and this class action.
This website is not intended to be, and should not be construed as, an expression of any opinion by the Court with respect to the truth of the allegations in the Litigation as to any of the Defendants or the merits of the claims or defenses asserted by or against the Defendants. This website is solely to advise you of the proposed Settlement of the Litigation and of your rights in connection therewith.
|What Are My Options?|
|SUBMIT A CLAIM FORM POSTMARKED NO LATER THAN OCTOBER 2, 2016.||This is the only way to be eligible to receive a payment from the Settlement Fund. If you are a Settlement Class Member and you remain in the Settlement Class, you will be bound by the Settlement as approved by the Court and you will give up any Released Plaintiffs’ Claims that you have against Defendants and the other Defendants’ Releasees , so it is in your interest to submit a Claim Form. The deadline to submit a Claim Form has expired.|
|EXCLUDE YOURSELF FROM THE SETTLEMENT CLASS BY SUBMITTING A WRITTEN REQUEST FOR EXCLUSION SO THAT IT IS RECEIVED NO LATER THAN SEPTEMBER 8, 2016.||If you exclude yourself from the Settlement Class, you will not be eligible to receive any payment from the Settlement Fund. This is the only option that allows you ever to be part of any other lawsuit against any of the Settling Defendants or the other Defendants’ Releasees concerning the Released Plaintiffs’ Claims. The deadline to exclude yourself from the Settlement has expired.|
|OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION SO THAT IT IS RECEIVED NO LATER THAN SEPTEMBER 8, 2016.||If you do not like the proposed Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and reimbursement of Litigation Expenses, you may write to the Court and explain why you do not like them. You cannot object to the Settlement, the Plan of Allocation or the fee and expense request unless you are a Settlement Class Member and do not exclude yourself from the Settlement Class. The deadline to object to the Settlement has expired.|
|GO TO A HEARING ON SEPTEMBER 22, 2016 AT 2:00 P.M., AND FILE A NOTICE OF INTENTION TO APPEAR SO THAT IT IS RECEIVED NO LATER THAN SEPTEMBER 8, 2016.||Any Settlement Class Member may attend the Settlement Hearing. Filing a written objection and notice of intention to appear by September 8, 2016 allows you to speak in Court, at the discretion of the Court, about the fairness of the proposed Settlement, the Plan of Allocation, and/or the request for attorneys’ fees and reimbursement of Litigation Expenses. If you submit a written objection, you may (but you do not have to) attend the hearing and, if you also file a notice of intention to appear, speak to the Court about your objection at the discretion of the Court. The deadline to file a notice of appearance has expired.|
|DO NOTHING.||If you are a member of the Settlement Class and you do not submit a valid Claim Form, you will not be eligible to receive any payment from the Settlement Fund. You will, however, remain a member of the Settlement Class, which means that you give up your right to sue about the claims that are resolved by the Settlement and you will be bound by any judgments or orders entered by the Court in the Action.|
September 8, 2016
September 8, 2016
September 22, 2016 at 2:00 p.m.
October 2, 2016
Proof of Claim Deadline