The information contained on this web page is only a summary of information
presented in more detail in the Notice of Pendency and Proposed Settlement of
Class Action (the “Notice”), which you can access by clicking here. Since
this website is just a summary, you should review the Notice for additional
information.
If you are a Class Member, your
legal rights will be affected by this Settlement whether you act or do not act.
Please read
the Notice carefully.
If you were a record holder or beneficial
owner of the common stock of Presidio and were cashed out of your shares of
Presidio common stock (or any interest therein) at the close of the transaction
on December 19, 2019, YOU MAY BE A CLASS MEMBER
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YOUR LEGAL RIGHTS AND OPTIONS IN THE
SETTLEMENT:
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RECEIVE A PAYMENT
FROM THE SETTLEMENT. CLASS MEMBERS DO NOT NEED TO SUBMIT A CLAIM
FORM.
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If
you are a member of the Class (defined in paragraph 33 of the Notice), you may be eligible to receive a pro rata distribution
from the Settlement proceeds. Eligible Class Members do not need
to submit a claim form in order to receive a distribution from the
Settlement, if approved by the Court. Your distribution from the Settlement
will be paid to you directly. See paragraphs 44-49 in the Notice for further discussion.
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OBJECT TO THE
SETTLEMENT OR ATTEND THE SETTLEMENT HEARING
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Class
Members have the right to object to the proposed Settlement and the
application by Plaintiff’s counsel for an award of fees and expenses. Class Members have the right to appear and
be heard at the Settlement Hearing, which will be held before The Honorable J.
Travis Laster on November 7, 2022, at 1:30 p.m., at the Leonard L. Williams
Justice Center, 500 North King Street, Wilmington, Delaware 19801, or by
telephonic conference or videoconference (in the discretion of the Court). Additional information is available in the Notice.
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For
a more detailed statement of the matters involved in the Action, you may
inspect the pleadings, the Settlement Stipulation, the Orders entered by the
Court, and other papers filed in the Action at the Office of the Register in
Chancery in the Court of Chancery of the State of Delaware, Leonard L. Williams
Justice Center, 500 North King Street, Wilmington, Delaware 19801, during
regular business hours of each business day.
You may further examine select pleadings and documents related to the
Action and the Settlement on the Court Documents page
of this website. If you have questions
regarding the Settlement, you may write or call Plaintiff’s counsel: Samuel L.
Closic, Prickett, Jones & Elliott, P.A., 1310 King Street, Box 1328, Wilmington, DE 19899, (302) 888-6500; or J. Daniel Albert, Kessler Topaz
Meltzer & Check, LLP, 280 King of Prussia Road, Radnor, PA 19087, (610)
667-7706.