The Law Firm of Krause, Kalfayan, Benink & Slavens, LLP, Announces a Proposed Settlement Hearing Regarding En Pointe Technologies, Inc. Securities Litigation.
Thursday August 10, 9:00 am ET
SAN DIEGO, Aug. 10 LAWFUEL – Law News Network — The Law Firm of Krause, Kalfayan, Benink & Slavens, LLP, Announces a Proposed Settlement Hearing regarding En Pointe Technologies, Inc. Securities Litigation.
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF CALIFORNIA
IN RE EN POINTE TECHNOLOGIES, INC. SECURITIES LITIGATION
MASTER CASE NO.: 01-CV-0205 BEN (AJB)
SUMMARY NOTICE OF CLASS ACTION
SETTLEMENT, CONDITIONAL CLASS CERTIFICATION,
AND FAIRNESS HEARING
TO: ALL PERSONS WHO BOUGHT OR OTHERWISE ACQUIRED SHARES OF THE COMMON
STOCK OF EN POINTE TECHNOLOGIES, INC. (“EN POINTE”) DURING THE
PERIOD DECEMBER 7, 1999 TO APRIL 13, 2000 (BOTH DATES INCLUSIVE)
(“CLASS”) AND ALL PURCHASERS OF EN POINTE STOCK WHO PURCHASED SUCH
STOCK CONTEMPORANEOUSLY WITH THE INSIDER SALES ON FEBRUARY 28 AND
MARCH 13, 2000 (“SUBCLASS”).
A hearing has been scheduled before this Court on September 29, 2006 at 9:00 A.M., Courtroom A, United State Courthouse, 940 Front St., San Diego, CA 92101-8900, to consider approval of the proposed settlement of this action for, among other consideration, $1.8 million; certification of a plaintiff class; Class Counsel’s application for attorney’s fees and reimbursement of expenses; and related matters in the above-captioned action brought on behalf of the Class defined above. If you are a member of the Class or Subclass and did not receive the Notice of Pendency, Proposed Settlement, and Proof of Claim and Release, please request copies by writing to:
In re En Pointe Securities Litigation
c/o Gilardi & Co. LLC
P.O. Box 8040
San Rafael, CA 94912-8040
Copies are also available at www.Gilardi.com. The Notice and Proof of Claim contain important information about the litigation, including the steps you must now take to share in a settlement if it is approved. Proofs of Claim must be filed by October 30, 2006. You may be heard personally or through an attorney at the hearing if you file, by September 15, 2006, with the Court and counsel, papers requesting to do so and setting forth your views.
Please do not contact the Court for information.
Dated: July 5, 2006