DDD - The Rosen Law Firm P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of 3D Systems Corporation Publicly-Traded Common Stock | Benzinga
BROOKLYN, N.Y., Aug. 28, 2023 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Eastern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of 3D Systems Corporation Publicly-Traded Common Stock (NYSE:DDD):
SUMMARY NOTICE OF PENDENCY AND
PROPOSED CLASS ACTION SETTLEMENT
| TO: |
| ALL PERSONS WHO PURCHASED THE PUBLICLY-TRADED COMMON STOCK OF 3D SYSTEMS CORPORATION ("3DSC") FROM MAY 6, 2020, THROUGH MARCH 5, 2021, INCLUSIVE. |
YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Eastern District of New York, that a hearing will be held on November 21, 2023, at 10:00 a.m. before the Honorable Nicholas G. Garaufis, United States District Judge of the Eastern District of New York, 225 Cadman Plaza East, Courtroom 4D South, Brooklyn, NY 11201, for the purpose of determining: (1) whether the proposed Settlement of the claims in the above-captioned Action for consideration including the sum of $4,000,000 should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds is fair, reasonable, and adequate; (3) whether the application of Lead Counsel for an award of attorneys' fees of up to one-third plus interest of the Settlement Amount, reimbursement of expenses of not more than $50,000, and a service payment of no more than $21,500 in total to Plaintiffs, should be approved; and (4) whether this Action should be dismissed with prejudice as ...