In re DaimlerChrysler Securities Litigation
|Court:||United States District Court, District of Delaware|
|Class Period:||11/13/1998 - 11/17/2000|
|Case Contacts:||Max W. Berger, Rochelle Feder Hansen|
BLB&G is court-appointed Co-Lead Counsel for Co-Lead Plaintiffs the Chicago Municipal Employees Annuity and Benefit Fund and the Chicago Policemen's Annuity and Benefit Fund. BLB&G and the Chicago funds filed the action on behalf of investors who exchanged their Chrysler Corporation shares for DaimlerChrysler shares in connection with the November 1998 merger, and on behalf of investors who purchased DaimlerChrysler shares in the open market from November 13, 1998 through November 17, 2000.
On August 22, 2003, BLB&G, as Co-Lead Counsel for Plaintiffs, obtained an agreement in principle to settle the action for $300 million.
IN ORDER TO BE ELIGIBLE TO SHARE IN THE BENEFITS OF THE SETTLEMENT, CLASS MEMBERS MUST HAVE SUBMITTED A COMPLETED AND SIGNED PROOF OF CLAIM FORM POSTMARKED NO LATER THAN MARCH 31, 2004. For more information, you can contact Claims Administrator The Garden City Group, Inc. at 877-824-4406, or refer to the above website.