Welcome to the settlement website for the Hill v. State Street Corporation class action litigation (the “Action”).
Lead Plaintiffs, Public Employees’ Retirement System of Mississippi and Union Asset Management Holding AG (collectively, “Lead Plaintiffs”), on behalf of themselves and the Settlement Class (defined below), reached a settlement of the Action for $60,000,000 in cash (the “Settlement”) that resolves all claims in the Action.
A Settlement Hearing was held on November 20, 2014 to determine, among other things, whether the Settlement should be approved. On November 26, 2014, Magistrate Judge Judith Gail Dein entered a Report and Recommendation recommending approval of the Settlement, the Plan of Allocation and Co-Lead Counsel’s motion for attorneys’ fees and expenses. On January 8, 2015, Federal District Judge George A. O’Toole, Jr. entered an Order Adopting Magistrate Judge Dein’s Report and Recommendation, a Final Judgment approving the Settlement, an order approving the Plan of Allocation, and an order awarding attorneys’ fees and expenses.
If you are a member of the Settlement Class, your rights will be affected and, if you filed a claim form, you may be eligible for a payment from the Settlement. The Settlement Class consists of:
All persons and entities who or which purchased or otherwise acquired publicly traded common stock of State Street Corporation (“State Street”), during the period from October 17, 2006 through October 21, 2009, inclusive (the “Settlement Class Period”), including all persons and entities who or which purchased or otherwise acquired State Street common stock pursuant and/or traceable to a registered public offering conducted on or about June 3, 2008, and who were damaged thereby.
Certain persons and entities are excluded from the Settlement Class by definition as set forth in the Settlement Notice. Please read the Settlement Notice to fully understand the effect of the Settlement on Settlement Class Members.
|December 16, 2014||Claim Filing Deadline The postmark deadline for submission of a claim form was December 16, 2014.|