Brower Piven, A Professional Corporation and Barroway Topaz Kessler Meltzer & Check, LLP announce Summary Notice:Pendency and Proposed Settlement of Class Action and Settlement Fairness Hearing regarding All Persons Who Purchased the Securities of Barrick Gold Corporation
Brower Piven, A Professional Corporation and Barroway Topaz Kessler Meltzer & Check, LLP are issuing the following statement regarding All Persons Who Purchased the Securities of Barrick Gold Corporation.
UNITED STATES DISTRICT COURT | |||||
SOUTHERN DISTRICT OF NEW YORK | |||||
RICHARD WAGNER, Individually And | ) | 1:03cv4302 | |||
On Behalf Of All Others Similarly Situated, | ) | ||||
) | |||||
Plaintiff, | ) | ||||
vs. | ) | ||||
) | |||||
BARRICK GOLD CORP., RANDALL | ) | ||||
OLIPHANT, JOHN K. CARRINGTON, | ) | This Document Relates to: All | |||
AND JAMIE C. SOKALSKY, | ) | Actions | |||
) | |||||
Defendants. | ) | ||||
SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION AND SETTLEMENT FAIRNESS HEARING
TO: ALL PERSONS WHO PURCHASED THE SECURITIES OF BARRICK GOLD CORPORATION (“BARRICK”) ON THE NEW YORK STOCK EXCHANGE AND/OR THE TORONTO STOCK EXCHANGE BETWEEN FEBRUARY 14, 2002 AND SEPTEMBER 26, 2002, INCLUSIVE (THE “CLASS”)
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the Court, that the above-captioned action has been certified as a class action and that a settlement for $24,000,000.00 (U.S.) in cash has been proposed. A hearing will be held before the Honorable Richard M. Berman in the United States District Court for the Southern District of New York, Daniel Patrick Moynihan United States Courthouse, Room 21B, 500 Pearl Street, New York, NY 10007-1312, at 9:00 a.m., on November 5, 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.
IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS WILL BE AFFECTED AND YOU MAY BE ENTITLED TO SHARE IN THE SETTLEMENT.
If you have not yet received the full printed Notice of Proposed Settlement of Class Action, Settlement Fairness Hearing and Motion for Attorneys’ Fees and a Proof of Claim and Release form, you may obtain copies of these documents by contacting the Claims Administrator:
Wagner v. Barrick Gold Corp., et al. |
c/o The Garden City Group, Inc. |
P.O. Box 9353 |
Dublin, OH 43017-4253 |
1 (866) 397-6086 |
Inquiries, other than requests for the forms of Notice and Proof of Claim, may be made to Plaintiffs’ Co-Lead Counsel, either:
David A.P. Brower, Esq. | Andrew L. Zivitz, Esq. | |||||
Brower Piven | Barroway Topaz Kessler Meltzer | |||||
A Professional Corporation | & Check, LLP | |||||
488 Madison Avenue | 280 King of Prussia Road | |||||
Eighth Floor | Radnor, PA 19087 | |||||
New York, NY 10022 | Telephone: (610) 667-7706 | |||||
Telephone: (212) 501-9000 |
To participate in the Settlement, you must submit a Proof of Claim no later thanOctober 23, 2009. If you are a Class Member and do not submit a proper Proof of Claim, you will not share in the Settlement but you nevertheless will be bound by the Final Order and Judgment entered by the Court in this litigation. As more fully described in the Notice, the deadline for submitting objections and requests for exclusion is October 15, 2009.
Further information may be obtained by contacting the Claims Administrator, The Garden City Group, Inc., at the address listed above and at its website www.gardencitygroup.com.
By Order of The Court
Contacts:
Brower Piven
A Professional Corporation
David A.P. Brower, Esq.
212-501-9000
or
Barroway
Topaz Kessler Meltzer
& Check, LLP
Andrew L. Zivitz, Esq.
610-667-7706