CLEVELAND, Dec. 18, 2023 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Northern District of Ohio-Eastern Division has approved the following announcement of a proposed class action settlement that would benefit purchasers of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings, Inc. securities (NYSE:CVIA, OTC:CVIAQ, NYSE:FMSA):
SUMMARY NOTICE OF PENDENCY AND PROPOSED CLASS ACTION SETTLEMENT
TO: | ALL PERSONS WHO PURCHASED THE SECURITIES OF COVIA HOLDINGS CORPORATION F/K/A/ FAIRMOUNT SANTROL HOLDINGS, INC. ("COVIA") FROM MARCH 10, 2016 THROUGH JUNE 29, 2020, BOTH DATES INCLUSIVE. |
YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Northern District of Ohio, that a hearing will be held on April 11, 2024, at 10:00 a.m. before the Honorable J. Philip Calabrese, United States District Judge of the United States District Court for the Northern District of Ohio, Carl B. Stokes U.S. Court House, 801 West Superior Avenue, Courtroom 16B, Cleveland, OH 44113, or by telephonic or videoconference means as directed by the Court, for the purpose of determining:
(1) whether the proposed Settlement of the claims in the above-captioned Action for consideration including the sum of $6,000,000 ("Settlement Amount") 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 ...