LAWSUITS NEWS & LEGAL INFORMATION
$11,250,000 Settlement Proposed in Amkor Class Action
This is a settlement for the Securities/Stock Fraud lawsuit.
To all persons and entities who purchased the common stock of Amkor Technology
Inc, from July 26, 2001 to July 26 2006 inclusive (the "Class").
You are hereby notified that the above-captioned action has been certified as a class action and that a settlement for Eleven Million Two Hundred and Fifty Thousand Dollars ($11,250,000) has been proposed.
A hearing will be held on November 18, 2009 to determine whether: (1) the proposed settlement should be approved by the Court as fair, reasonable and adequate; (2) the Plan of Allocation should be approved; (3) Co-Lead Counsel's application for an award of attorneys' fees and reimbursement of expenses should be approved; and (4) the claims against Defendants should be dismissed with prejudice.
SEPT-15-09: Amkor Reaches Proposed Settlement [REUTERS: PROPOSED SETTLEMENT IN AMKOR CLASS ACTION]
Published on Sep-15-09
You are hereby notified that the above-captioned action has been certified as a class action and that a settlement for Eleven Million Two Hundred and Fifty Thousand Dollars ($11,250,000) has been proposed.
A hearing will be held on November 18, 2009 to determine whether: (1) the proposed settlement should be approved by the Court as fair, reasonable and adequate; (2) the Plan of Allocation should be approved; (3) Co-Lead Counsel's application for an award of attorneys' fees and reimbursement of expenses should be approved; and (4) the claims against Defendants should be dismissed with prejudice.
SEPT-15-09: Amkor Reaches Proposed Settlement [REUTERS: PROPOSED SETTLEMENT IN AMKOR CLASS ACTION]
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