Welcome to the Settlement website for the class action lawsuit Ciuffitelli, et al. v. Deloitte & Touche LLP, et al., No. 3:16-cv-00580-AC.
The purpose of this website is to inform you of a class action lawsuit now pending in the United States District Court for the District of Oregon under the above caption (the “Action”). The plaintiffs that sued and represent the Class in the Action and Defendants have entered into three proposed settlements (the “Settlements”). The Defendants deny all of the allegations, and deny that they did anything wrong. The Court did not decide in favor of the Class Representatives or the Defendants. Instead, the lawyers for the Class Representatives, and the Defendants and their insurers, with the assistance of experienced mediators, have negotiated Settlements that they believe are in the best interests of their respective clients.
The Settlements include a “Class” of all persons who purchased any Covered Aequitas Securities on or after June 9, 2010 (the “Class Period”) and who had an account balance related to any Covered Aequitas Securities as of March 31, 2016. Certain persons or entities are excluded as explained in the Notice. For additional details regarding the Settlements, how your rights will be affected by the legal proceedings in this Action, and the distribution of the Net Settlement Fund if approved by the Court, please read the Notice.
This website is not an expression of any opinion by the Court concerning the merits of any claim in the Action, and the Court still has to decide whether to approve the Settlement. If the Court approves the Settlement and the Plan of Allocation, then payments to Class Members will be made after any appeals are resolved. Please be patient, as this process can take some time to complete.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT|
|DO NOTHING||You may ask to speak in Court about the fairness of the Settlements, the request for attorneys’ fees, charges, and expenses, or the Plan of Allocation|
|EXCLUDE YOURSELF||The deadline to exclude yourself was October 29, 2019.|
|GO TO THE HEARING||The Court held the Settlement Hearing on November 29, 2019.|
|OBJECT||The deadline to object to the Settlements was October 29, 2019.|